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SPY trading down $1.53 (closed 66 cents lower) after several earnings misses after hours. In addition, SPY put in a doji candle just under its 50 day MA.
SPX 15/30 shows a bear flag on the afternoon bounce.
http://stockcharts.com/h-sc/ui?s=%24SPX&p=15&b=6&g=0&id=t60194630066&a=154730700&r=1444168778672&cmd=print
That bear flag played out on the futures, 7 points down was its measured move.
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SPY trading down $1.53 (closed
Posted by steve on 6th of Oct 2015 at 05:57 pm
SPY trading down $1.53 (closed 66 cents lower) after several earnings misses after hours. In addition, SPY put in a doji candle just under its 50 day MA.
SPX 15/30 shows a bear flag on the afternoon bounce.
http://stockcharts.com/h-sc/ui?s=%24SPX&p=15&b=6&g=0&id=t60194630066&a=154730700&r=1444168778672&cmd=print
That bear flag played out
Posted by junkie on 6th of Oct 2015 at 06:08 pm
That bear flag played out on the futures, 7 points down was its measured move.