$SPX - Chart Link - again pretty obvious
now but otherwise the correction from the highs was likely just a
simple ABC that completed on the 22nd, and we are in an impulse
wave 3 now, unless it just reverses down hard tomorrow, but would
have to be a really good reversal. There's also some timing
highs Sept 9 - 11th, so maybe we push up to their.
SPX comments
Posted by matt on 31st of Aug 2017 at 03:44 pm
$SPX - Chart Link - again pretty obvious now but otherwise the correction from the highs was likely just a simple ABC that completed on the 22nd, and we are in an impulse wave 3 now, unless it just reverses down hard tomorrow, but would have to be a really good reversal. There's also some timing highs Sept 9 - 11th, so maybe we push up to their.
SPX comments
Posted by clearstream on 31st of Aug 2017 at 07:37 pm
Matt, would you consider the past 3 days on the SPX a "3 strong soldiers" move?
quite extended here in the
Posted by matt on 31st of Aug 2017 at 03:52 pm
quite extended here in the short term and we have Jobs report tomorrow, so some profit taking late day makes sense