$SPX - Chart Link- divergent high on news
yesterday and failed to clear 2950 resistance
$SPX - Chart Link- currently approaching the
.618 Fib of entire rally (continue to monitor for any signs for
reversal then use stops only if you get a trigger )
Respect the TREND until EVIDENCE changes
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Posted by steve on 14th of Aug 2019 at 10:43 am
$SPX - Chart Link- bearish 20/50 squeeze keeps us cautious as stated many times
$SPX - Chart Link- failed to clear MA ribbon
$SPX - Chart Link- divergent high on news yesterday and failed to clear 2950 resistance
$SPX - Chart Link- currently approaching the .618 Fib of entire rally (continue to monitor for any signs for reversal then use stops only if you get a trigger )
Respect the TREND until EVIDENCE changes