$SPX - Chart Link - remember we didn't
have negative divergence on the 60 min time frame, so market just
comes right back up, gapped over resistance
$SPX - Chart Link - 5 min view, since the
market gapped over resistance, and the gap has not tried to fill,
could be a trend type day that gets stronger all morning into lunch
time, then consolidates for an hr, then pushes again in afternoon.
We'll see.....
Market comments
Posted by matt on 15th of Feb 2019 at 09:48 am
$SPX - Chart Link - SPX might just want that 2780 pivot
$SPX - Chart Link - remember we didn't have negative divergence on the 60 min time frame, so market just comes right back up, gapped over resistance
$SPX - Chart Link - 5 min view, since the market gapped over resistance, and the gap has not tried to fill, could be a trend type day that gets stronger all morning into lunch time, then consolidates for an hr, then pushes again in afternoon. We'll see.....
Typical Trend Day
Update: Market comments
Posted by matt on 15th of Feb 2019 at 03:00 pm
$SPX - Chart Link - you can see that MA pinch on the 5 min SPX lead to a good push
The trend lately has been
Posted by matt on 15th of Feb 2019 at 03:18 pm
The trend lately has been for the market to be strong AM and pullback in the last hr
Buyback in the morning, fund
Posted by trader5 on 15th of Feb 2019 at 03:23 pm
Buyback in the morning, fund sell in the afternoon
Update: Market comments
Posted by matt on 15th of Feb 2019 at 11:13 am
$SPX - Chart Link - 5 min view
Update: Update: Market comments
Posted by matt on 15th of Feb 2019 at 02:02 pm
$SPX - Chart Link 5 min view, coiling, MA ribbon pinching
2770-2782 5th wave high zone
Posted by RP on 15th of Feb 2019 at 10:09 am
2770-2782 5th wave high zone of course the manipulators are out there
The "Magic Hand" ... :D
Posted by mla127 on 15th of Feb 2019 at 10:14 am
The "Magic Hand" ... :D
why not 2800 ?
Posted by trader5 on 15th of Feb 2019 at 10:10 am
why not 2800 ?
bring up a weekly SPY
Posted by RP on 15th of Feb 2019 at 11:26 am
bring up a weekly SPY chart on stk charts draw a horizontal line from feb 2018 high see what you get..
Yes a horizontal line.
Posted by clearstream on 15th of Feb 2019 at 03:15 pm
Yes a horizontal line.
question is why Feb. high
Posted by trader5 on 15th of Feb 2019 at 11:58 am
question is why Feb. high ? why not March high ? at 2800
Remember the market is closed
Posted by matt on 15th of Feb 2019 at 09:50 am
Remember the market is closed on Monday, typically strong pre holiday
typically changes in trend occur following the holiday
Thanks! good reminder ....
Posted by mla127 on 15th of Feb 2019 at 10:05 am
Thanks! good reminder ....