Roy...anything goes overnight but SPY/ES came back down to the
lows..that's what matters as it was unable to break symmetry and
thus looking for a retest of lows or lower lows which is what
occurred after hours.
Have no idea what you're talking about regarding ES..trade your
plan. The bear flag I posted pre-market on ES 15 played out
nicely today and would expect the SPX to at least test it's 9/20
MA's below as discussed in newsletter tonight.
SPX 5 Short Term Symmetry
Posted by steve on 23rd of Feb 2016 at 03:53 pm
$SPX - Chart Link - unable to break short term symmetry on rally attempts today.
thanks for this post, Steve!
Posted by junkie on 23rd of Feb 2016 at 04:09 pm
thanks for this post, Steve! So lower prices are in store tomorrow.
Roy...anything goes overnight but SPY/ES
Posted by steve on 23rd of Feb 2016 at 04:24 pm
Roy...anything goes overnight but SPY/ES came back down to the lows..that's what matters as it was unable to break symmetry and thus looking for a retest of lows or lower lows which is what occurred after hours.
Could you please post a
Posted by junkie on 23rd of Feb 2016 at 04:38 pm
Could you please post a chart showing that a measured move was met on this corrective pullback? Could you also explain why 1915-16 on ES is support?
Have no idea what you're
Posted by steve on 23rd of Feb 2016 at 04:43 pm
Have no idea what you're talking about regarding ES..trade your plan. The bear flag I posted pre-market on ES 15 played out nicely today and would expect the SPX to at least test it's 9/20 MA's below as discussed in newsletter tonight.
Thank you for your comments,
Posted by junkie on 23rd of Feb 2016 at 04:46 pm
Thank you for your comments, Steve!