We also have a clear symmetry break on SPX compared to previous
bounces since the January high - 90 pts. In this crazy market,
though, does a symmetry break really have the same meaning? Just
over 1/2 that 90 pt break has retraced in the last 5 min, btw.
there actually is a symmetry break this morning, 89 points off
the lows vs the previous largest bounce of 30 yesterday, so
technically it's the largest bounce in the downtrend
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We also have a clear
follow up to my very late night post on futures ...
Posted by frtaylor on 6th of Feb 2018 at 10:19 am
We also have a clear symmetry break on SPX compared to previous bounces since the January high - 90 pts. In this crazy market, though, does a symmetry break really have the same meaning? Just over 1/2 that 90 pt break has retraced in the last 5 min, btw.
there actually is a symmetry
Posted by matt on 6th of Feb 2018 at 10:45 am
there actually is a symmetry break this morning, 89 points off the lows vs the previous largest bounce of 30 yesterday, so technically it's the largest bounce in the downtrend