Just shy of upper trendline today and currently showing a small
reversal bar...maybe it tries to test tomorrow but one should be
trailing stops tight here and/or doing some profit taking in
accordance with your objectives. The SPX still has support of
the MA's below.
Posted by frtaylor on 13th of Apr 2015 at 03:39 pm
Reminding myself that in this 13-day bounce/uptrend, today's
pullback is still 5 pts shy of meeting symmetry with the pullbacks
on April 2-6 (high to low, 3-day wknd) and April 7 - 8. Each was
roughly 16 pts.
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Posted by steve on 13th of Apr 2015 at 03:15 pm
$SPX - Chart Link
Just shy of upper trendline today and currently showing a small reversal bar...maybe it tries to test tomorrow but one should be trailing stops tight here and/or doing some profit taking in accordance with your objectives. The SPX still has support of the MA's below.
Reminding myself that in this
Posted by frtaylor on 13th of Apr 2015 at 03:39 pm
Reminding myself that in this 13-day bounce/uptrend, today's pullback is still 5 pts shy of meeting symmetry with the pullbacks on April 2-6 (high to low, 3-day wknd) and April 7 - 8. Each was roughly 16 pts.