$SPX - Chart Link - just reiterating that
the SPX rally this morning for now has simply taken price back to
re-test resistance from last week around the low 2670 ish area,
notice 2670 was support on Nov 15th and turned resistance last week
tested on Nov 20th, 21st, and today.
also the moving average ribbon band is pinching again, an area
where it could fail again
SPX 30 min comments
Posted by matt on 26th of Nov 2018 at 10:39 am
$SPX - Chart Link - just reiterating that the SPX rally this morning for now has simply taken price back to re-test resistance from last week around the low 2670 ish area, notice 2670 was support on Nov 15th and turned resistance last week tested on Nov 20th, 21st, and today.
also the moving average ribbon band is pinching again, an area where it could fail again
Update: SPX 30 min comments
Posted by matt on 26th of Nov 2018 at 12:37 pm
$SPX - Chart Link - as a follow up to what I posted before, KISS, keep it simple, SPX gapped up today and stopped dead at that resistance area.
Also see the moving average configuration how they pinched and that's also were price found resistance
SPX 30 min.…...your views and
Posted by nichi on 26th of Nov 2018 at 11:09 am
SPX 30 min.…...your views and comments are always appreciated......please keep it up.