Some were expecting a more balanced right shoulder to form, but
instead it shot up next day. Again, force of the macd
(momentum) precluded that from happening - same as tomorrow, most
likely.
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SPX 60
Posted by roger on 24th of Jan 2016 at 06:59 pm
conjectural road map -
SPX 60 min chart
I have been expecting the cap here before the shoulder forms...
Posted by zitron on 24th of Jan 2016 at 09:06 pm
ES is about 20 points from this resistance
Posted by zitron on 24th of Jan 2016 at 09:25 pm
Which corresponds to 2 points on SPY and resistance in these charts...
Prior advances last year had
Posted by junkie on 24th of Jan 2016 at 07:30 pm
Prior advances last year had EMA(5) as its support, so 1890 should be a low tomorrow. SPX daily
Some were expecting a more
Posted by roger on 24th of Jan 2016 at 07:50 pm
Some were expecting a more balanced right shoulder to form, but instead it shot up next day. Again, force of the macd (momentum) precluded that from happening - same as tomorrow, most likely.