$SPX - trying to get back into things,
still kind of hard after being gone since Fri
here's a 5 min chart, some divergence at the low and 60 length
stochastics has been below 20% for a day something to watch.
FOMC meeting coming at 2:15 EST
here's my 5 min TS chart with the ATR, which turned negative
yesterday afternoon, currently SPY is testing this. MACD is
also testing zero, 60 stochastic is above zero
Posted by philosoraptor on 21st of Sep 2011 at 01:57 pm
The 'powers-that-be' have kept price below the intraday VWAP
(sloping magenta dots) since the volatile opening few minutes -
don't be surprised to see a breakout above VWAP around the Fed
announcement - however, if so, will it be breakout or fakeout?
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SPX 5 min
Posted by matt on 21st of Sep 2011 at 01:50 pm
$SPX - trying to get back into things, still kind of hard after being gone since Fri
here's a 5 min chart, some divergence at the low and 60 length stochastics has been below 20% for a day something to watch. FOMC meeting coming at 2:15 EST
SPY 5min TS chart
Posted by matt on 21st of Sep 2011 at 02:13 pm
here's my 5 min TS chart with the ATR, which turned negative yesterday afternoon, currently SPY is testing this. MACD is also testing zero, 60 stochastic is above zero
let's see what happens
VWAP
Posted by philosoraptor on 21st of Sep 2011 at 01:57 pm
The 'powers-that-be' have kept price below the intraday VWAP (sloping magenta dots) since the volatile opening few minutes - don't be surprised to see a breakout above VWAP around the Fed announcement - however, if so, will it be breakout or fakeout?