SPX intra day views

    Posted by matt on 22nd of May 2013 at 12:43 pm

    $SPX - Chart Link - 30 min view, one trendline to watch, also note the 144 Stochastics below

    $SPX - Chart Link - another 30 min view, this one of of course shows the larger trend and gives more room via the lower trendline

    $SPX - Chart Link - very short term 5 min intra day view, obviously it's been quite volatile today, I added a symmetry projection based on that last pullback, however if that doesn't play out, the SPX may also simply consolidate to form a triangle pattern - which is too early for me to draw trendlines for yet

    $SPX - Chart Link - an

    Posted by matt on 22nd of May 2013 at 02:42 pm

    $SPX - Chart Link - an initial target are for the wave 4 would be the previous wave 4 which comes in around the 1650 - 1648 area, however I would not target that area today

    well...today's lows hit the initial

    Posted by matt on 22nd of May 2013 at 04:05 pm

    well...today's lows hit the initial target of the 4th wave of 1648!!

    Note there is some reverse divergence in place on the MACD and Histogram

    Are we looking at a

    Posted by jreeves197 on 22nd of May 2013 at 03:36 pm

    Are we looking at a larger pull back since the 1648 was hit already today?

    getting closer to that target

    Posted by jreeves197 on 22nd of May 2013 at 03:22 pm

    getting closer to that target

    $SPX - Chart Link - broke

    Posted by matt on 22nd of May 2013 at 02:11 pm

    $SPX - Chart Link - broke the trend line I showed earlier and 60 Stochastics lost the 80% level

    $SPX - Chart Link - however the 30 min channel line is right here to watch

    15 min spx chart

    Posted by hazbin1 on 22nd of May 2013 at 01:42 pm

    no clue how to post from bloomberg, but i have an uptrend line from 5/1 that has been tapped and held ~ 7 times, falling now.. hmmmm

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