here's an updated 5 min SPX chart, the divergence played out as
well as the 60 period stochastics when it crossed below 80%.
The 1052.5 area is a support area obviously
Looking at 2 and 5 min charts of the Russell index and futures,
and the
dollar-@DX, the BBs are all getting
very tight. Can you show them on the 5 min SPX please?
Definitely looks like a small head and shoulders.
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updated 5 min SPX chart
Posted by matt on 26th of Aug 2010 at 01:19 pm
here's an updated 5 min SPX chart, the divergence played out as well as the 60 period stochastics when it crossed below 80%. The 1052.5 area is a support area obviously
BBs tightening
Posted by sue2 on 26th of Aug 2010 at 01:33 pm
Looking at 2 and 5 min charts of the Russell index and futures, and the dollar-@DX, the BBs are all getting very tight. Can you show them on the 5 min SPX please? Definitely looks like a small head and shoulders.