$SPX - Chart Link - right now a bounce
over 25 points off the lows, which is the largest bounce in the
downtrend, therefore a symmetry break, the previous largest bounce
was 12.75 points.
Look for a higher low opportunity on the next intra day
pullback
Matt, what about the bounces from the decline off the January
high? There were bounces on the 30th, 31st and Feb 1 of 17 to
25 pts. With this morning's 30.5 pt bounce, it's still is a
symmetry break, just not as dramatic. Is there a rule, etc. I am
missing.
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SPX 5 min
Posted by matt on 5th of Feb 2018 at 10:27 am
$SPX - Chart Link - right now a bounce over 25 points off the lows, which is the largest bounce in the downtrend, therefore a symmetry break, the previous largest bounce was 12.75 points.
Look for a higher low opportunity on the next intra day pullback
Matt, what about the bounces
Posted by frtaylor on 5th of Feb 2018 at 11:19 am
Matt, what about the bounces from the decline off the January high? There were bounces on the 30th, 31st and Feb 1 of 17 to 25 pts. With this morning's 30.5 pt bounce, it's still is a symmetry break, just not as dramatic. Is there a rule, etc. I am missing.