$SPX - Chart Link - the market did exactly
what I warned about on the weekend, it made a minor new high this
morning taking out last Monday's high by 3 points and topped there,
sucking in lemmings. When the VIX was at the lower Bollinger Bands
that was a big warning. Also the 78.6% Fib at 2815 was met
Market Comments
Posted by matt on 4th of Mar 2019 at 11:51 am
$SPX - Chart Link - the market did exactly what I warned about on the weekend, it made a minor new high this morning taking out last Monday's high by 3 points and topped there, sucking in lemmings. When the VIX was at the lower Bollinger Bands that was a big warning. Also the 78.6% Fib at 2815 was met
$SPX - Chart Link 15 min
$SPX - Chart Link - 2 hr view -
$SPX - Chart Link - daily view - again losing the 9 day EMA would set the stage for at least a pullback to the 20 MA
very nice call
Posted by ruscitti on 4th of Mar 2019 at 11:58 am
very nice call