Update: SPX 5 min

    SPX 5 min

    Posted by matt on 16th of May 2019 at 01:24 pm

    $SPX - Chart Link - 60 Stochastic momentum setup on that pullback provided a day trade long entry

    Update: Update: SPX 5 min

    Posted by matt on 16th of May 2019 at 02:14 pm

    $SPX - Chart Link - that 60 Stoch fell below 80% on the 5 min

    Update: Update: Update: SPX 5 min

    Posted by matt on 16th of May 2019 at 03:44 pm

    $SPX - Chart Link - as you can see once the 60 Stochastic fell below 80% on the 5 min time frame, that ended the trend day and price has fell ever since

    also another educational point: Notice when the 60 Stochastic fell below 80% that it bounced back and found resistance on the underside of 80%? that was a good short, called a 60 Stochastic 80% rejection short basically

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