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$SPX - Chart Link - SPX 3 minute shows original HS pattern
$SPX - Chart Link
Since the SPX is wedging down so one scenario would be a bounce back up as shown on the SPX 10 chart. Must see internals improve to get a sustained bounce. Bears in control for now short term.
Hi Steve , how do you monitor the internals of the markets? what factors/indicators you use?
I posted a snapshot above Jose
SPX/ES will need to find support soon or selling could accelerate
If holds then correction may be over. Watching closely here.
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SPX Views
Posted by steve on 21st of Apr 2016 at 01:43 pm
$SPX - Chart Link - SPX 3 minute shows original HS pattern
$SPX - Chart Link
Since the SPX is wedging down so one scenario would be a bounce back up as shown on the SPX 10 chart. Must see internals improve to get a sustained bounce. Bears in control for now short term.
Hi Steve , how do
Posted by cuqui69 on 21st of Apr 2016 at 02:27 pm
Hi Steve , how do you monitor the internals of the markets? what factors/indicators you use?
I posted a snapshot above
Posted by steve on 21st of Apr 2016 at 02:40 pm
I posted a snapshot above Jose
SPX/ES will need to find
Posted by steve on 21st of Apr 2016 at 01:52 pm
SPX/ES will need to find support soon or selling could accelerate
Looks like good support here at 2090-2091
Posted by torvix on 21st of Apr 2016 at 01:56 pm
If holds then correction may be over. Watching closely here.