Posted by tmoney2555 on 12th of Jan 2015 at 03:07 pm
SPX 15 minute Chart
I see some positive divergence from the morning lows on MACD and
RSI 5. Maybe we will get a little upside to finish the day. However
the trend is down.
Yup on the 15 minute it may simply be carving out a bear flag
which would imply another decent drop tomorrow. Let's see if
they can bounce/rally some into close from oversold levels.
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SPX 15 minute Chart I see
Posted by tmoney2555 on 12th of Jan 2015 at 03:07 pm
SPX 15 minute Chart
I see some positive divergence from the morning lows on MACD and RSI 5. Maybe we will get a little upside to finish the day. However the trend is down.
Yup on the 15 minute
Posted by steve on 12th of Jan 2015 at 03:13 pm
Yup on the 15 minute it may simply be carving out a bear flag which would imply another decent drop tomorrow. Let's see if they can bounce/rally some into close from oversold levels.