$SPX - Chart Link - as you know intra day
prices are still not reflecting on Stocharts so the price you see
on the graph is not shown, however SPX is down -6 1/2 at
1943.2.
If price was reflected on the chart, it would be near the
upterend line that I drew on Monday
since Stockcharts is not showing the candles, as you can see
price testing that uptrend line as I noted below.
BPT MA still green for now.
I still consider this pullback probably some kind of wave 4
pullback, maybe yesterday was a wave A and B, and this is a C?
Either way not surprising obviously as it's overdue.
Now watch the 60 Stochastic, can it hold above 80% or not,
it's been above it for a long time now
obviously the VIX sell signal from Monday is playing out
SPX 60 min
Posted by matt on 11th of Jun 2014 at 09:40 am
$SPX - Chart Link - as you know intra day prices are still not reflecting on Stocharts so the price you see on the graph is not shown, however SPX is down -6 1/2 at 1943.2.
If price was reflected on the chart, it would be near the upterend line that I drew on Monday
60 min SPX cash since Stockcharts
Posted by matt on 11th of Jun 2014 at 09:52 am
60 min SPX cash
since Stockcharts is not showing the candles, as you can see price testing that uptrend line as I noted below.
BPT MA still green for now.
I still consider this pullback probably some kind of wave 4 pullback, maybe yesterday was a wave A and B, and this is a C? Either way not surprising obviously as it's overdue. Now watch the 60 Stochastic, can it hold above 80% or not, it's been above it for a long time now
obviously the VIX sell signal from Monday is playing out
They are now... not pretty
Posted by isplat on 11th of Jun 2014 at 09:50 am
They are now... not pretty though, with that gap in the data!