$SPX - Chart Link - another follow up, the
largest bounce today was 12.8 points, therefore we need a bounce
larger than that to break intra day symmetry.
Also this chart contains the TICK indicator, it's useful intra
day because typically spikes below -1000 are short term intra day
bottoms and spikes above 1000 are short term tops, so can be useful
for day traders to signal entries
ducati - that is certainly a possibility and no reason to worry
about prognostications. Simply trade what's in front of you
on your appropriate time frame by respecting your triggers.
The trend is you friend until EVIDENCE changes and currently
it's down.
SPX 5 min
Posted by matt on 2nd of Feb 2018 at 12:06 pm
$SPX - Chart Link - some short term divergence potential on the MACD 5 min chart
Update: SPX 5 min
Posted by matt on 2nd of Feb 2018 at 12:30 pm
$SPX - Chart Link - nice bounce off the 5 min divergent low I posted earlier, now monitor symmetry
Update: Update: SPX 5 min
Posted by matt on 2nd of Feb 2018 at 12:33 pm
$SPX - Chart Link - another follow up, the largest bounce today was 12.8 points, therefore we need a bounce larger than that to break intra day symmetry.
Also this chart contains the TICK indicator, it's useful intra day because typically spikes below -1000 are short term intra day bottoms and spikes above 1000 are short term tops, so can be useful for day traders to signal entries
Update: Update: Update: SPX 5 min
Posted by matt on 2nd of Feb 2018 at 03:29 pm
$SPX - Chart Link
I'm on TOS rather than
Posted by jacksoncrack on 2nd of Feb 2018 at 02:56 pm
I'm on TOS rather than Stockcharts, you guys know if the TICK indicator exists under a different name on TOS? Not seeing anything...
$TICK
Posted by garyaross on 2nd of Feb 2018 at 03:35 pm
$TICK
Its $TICK on TOS
Posted by ship on 2nd of Feb 2018 at 03:06 pm
Its $TICK on TOS
How would we know at
Posted by ducati on 2nd of Feb 2018 at 01:47 pm
How would we know at this time if this could go into an ABC on the daily vs a bounce to the top
ducati - that is certainly
Posted by steve on 2nd of Feb 2018 at 02:46 pm
ducati - that is certainly a possibility and no reason to worry about prognostications. Simply trade what's in front of you on your appropriate time frame by respecting your triggers. The trend is you friend until EVIDENCE changes and currently it's down.
Thanks for the SPX updates
Posted by jtverr on 2nd of Feb 2018 at 12:44 pm
Thanks for the SPX updates Matt