$SPX - Chart Link - price fell back to
that support area, now 77.8 points off the high, so any questions
about a symmetry break should be answered.
there is some RSI divergence here and price is at this support
level. Obviously the big support is that 2680 level below,
which I believe will be tested over time, but do we fall right
there or have a bounce first. With the symmetry break if price does
find support here and bounce, one could look to short that next
higher low
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Update: Update: Market comments
Market comments
Posted by matt on 7th of Mar 2019 at 11:25 am
$SPX - Chart Link - so for a choppy abc bounce basically
Update: Update: Update: Market comments
Posted by matt on 7th of Mar 2019 at 03:19 pm
$SPX - Chart Link - price fell back to that support area, now 77.8 points off the high, so any questions about a symmetry break should be answered.
there is some RSI divergence here and price is at this support level. Obviously the big support is that 2680 level below, which I believe will be tested over time, but do we fall right there or have a bounce first. With the symmetry break if price does find support here and bounce, one could look to short that next higher low