SPX 60 View

    Posted by steve on 24th of Feb 2014 at 03:15 pm

    $SPX - Chart Link

    Back to its 9 EMA on the 60 minute chart 

    that macd looks like price

    Posted by himsa on 24th of Feb 2014 at 03:19 pm

    that macd looks like price will move up 1 more time then break down of that wedge.

    That wedge is quite preliminary

    Posted by steve on 24th of Feb 2014 at 03:22 pm

    That wedge is quite preliminary now...but do expect another probe higher over time IF the wedge is unfolding. (but could see some downside chop prior). 

    yep we are both eyeing

    Posted by matt on 24th of Feb 2014 at 03:50 pm

    yep we are both eyeing that 60 min chart, I'll discuss in tonight's letter.

    Otherwise, man I'm still trying to get over this Stomach bug, starting hitting me on Friday night and still haven't been able to shake it

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