3309 Drysdale Ct
Edwardsville, IL 62025
$SPX - Chart Link - a few things: first off that ascending triangle measured to 2737 - 2738 which we hit
The pullback today caused a nice spike on the CCI indicator to well below -300 see indicator at bottom.
The MA ribbon is still bullishly stacked (for now) on this time frame and pinching so nearing a breakpoint
Keep an eye on the 60 Length Stocahstic, the 50% area is a support, and Stochastic is nearing that but holding above for now
Thanks Matt. Very educational!
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SPX 60 min follow up
Posted by matt on 7th of Feb 2019 at 01:16 pm
$SPX - Chart Link - a few things: first off that ascending triangle measured to 2737 - 2738 which we hit
The pullback today caused a nice spike on the CCI indicator to well below -300 see indicator at bottom.
The MA ribbon is still bullishly stacked (for now) on this time frame and pinching so nearing a breakpoint
Keep an eye on the 60 Length Stocahstic, the 50% area is a support, and Stochastic is nearing that but holding above for now
Thanks Matt. Very educational!
Posted by EdZ on 7th of Feb 2019 at 01:49 pm
Thanks Matt. Very educational!