$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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Update: Update: Update: SPX 5 min
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