The question is if the high at SPX 2120 completes or another
push up remains for this current leg. Thus far, the SPX still
showing lower lows and lower highs from late February. Levels
to watch are 2109 upside and 2087 downside (confirmed with overlap
of 2072).
Sell in May & Go away
Posted by maroonk1 on 5th of Mar 2015 at 10:43 am
Steve: I am a fan of your ending diagonal for W 5 of W 3
50% Fib retrace of C takes us to the lower trendline at Spx= 2052 at the end of March
Posted by maroonk1 on 5th of Mar 2015 at 11:29 am
coincides with the potential H&S pattern Matt pointed out
Posted by sptrader on 5th of Mar 2015 at 11:46 am
yesterday's newsletter, 2 hour chart (#13 in the set) has a target of around 2053ish... funny how patterns support possible price directions.
Amazing..let us see if we keep going down from here
Posted by maroonk1 on 5th of Mar 2015 at 11:48 am
The question is if the
Posted by steve on 5th of Mar 2015 at 11:51 am
The question is if the high at SPX 2120 completes or another push up remains for this current leg. Thus far, the SPX still showing lower lows and lower highs from late February. Levels to watch are 2109 upside and 2087 downside (confirmed with overlap of 2072).
Thanks
Posted by maroonk1 on 5th of Mar 2015 at 11:56 am