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

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