$SPX - Chart Link - here's that weekly
chart again with added symmetry, the pullback from the highs is 113
points, the previous largest pullback was in 2016 at 110 points, so
as of today basically meeting the last symmetry. Could bounce
here, otherwise I think we probably break it sometime on this
correction.
$SPX - Chart Link - The 50 day MA seems
like a good short term target
sorry adding yet another weekly chart, this one has symmetry
noted: The largest pullback in the entire bull market is 307
points. SPX would have to drop more than 310 points from the
highs to call a long term break in symmetry, which isn't even worth
discussing this early. Otherwise you can see the other
symmetry moves.
anyway guys always remember the market falls faster than it goes
up - the market can give up weeks to months of gains in
days.
SPX comments
Posted by matt on 2nd of Feb 2018 at 04:21 pm
$SPX - Chart Link - here's that weekly chart again with added symmetry, the pullback from the highs is 113 points, the previous largest pullback was in 2016 at 110 points, so as of today basically meeting the last symmetry. Could bounce here, otherwise I think we probably break it sometime on this correction.
$SPX - Chart Link - The 50 day MA seems like a good short term target
sorry adding yet another weekly
Posted by matt on 2nd of Feb 2018 at 04:39 pm
sorry adding yet another weekly chart, this one has symmetry noted: The largest pullback in the entire bull market is 307 points. SPX would have to drop more than 310 points from the highs to call a long term break in symmetry, which isn't even worth discussing this early. Otherwise you can see the other symmetry moves.
anyway guys always remember the market falls faster than it goes up - the market can give up weeks to months of gains in days.
SPY System long confirmation?
Posted by cghursh on 2nd of Feb 2018 at 04:28 pm
SPY System long confirmation?