$SPX - Chart Link- Steve posted this 10 min
chart below with the Fibs, I also wanted to point out that the CCI
spiked to below -400 in the morning which is extreme, however it's
not the spike that's a buy, what we now have is a positive
divergence, and price at the 61.8% Fib, so it's an area to see if
price can bounce off of or not, you need a trigger, because price
can just go a lot lower first
$SPX - Chart Link- 120 min view, in the bigger
picture view I still think this wave C probably plays out
however,
the wedge starting to play out now on the SPX 5 min, need a
bounce larger than 10 points to break symmetry otherwise will just
turn into another bear flag
again SPX failed at the 10 point symmetry, otherwise a simple
short term guide simply the 9 EMA on 15 min time frame, you can see
all night and this morning price has stopped at the 9 EMA, so good
symmetry guide as well
intra day SPX comments
Posted by matt on 14th of Aug 2019 at 10:57 am
$SPX - Chart Link- Steve posted this 10 min chart below with the Fibs, I also wanted to point out that the CCI spiked to below -400 in the morning which is extreme, however it's not the spike that's a buy, what we now have is a positive divergence, and price at the 61.8% Fib, so it's an area to see if price can bounce off of or not, you need a trigger, because price can just go a lot lower first
$SPX - Chart Link- 120 min view, in the bigger picture view I still think this wave C probably plays out however,
Update: intra day SPX comments
Posted by matt on 14th of Aug 2019 at 01:44 pm
$SPX - Chart Link - you can see the nice intra day divergence, about 20 points off the lows so far
Update: Update: intra day SPX comments
Posted by matt on 14th of Aug 2019 at 02:53 pm
$SPX - Chart Link - double bottom potential
Broke the ice!!
Posted by lamb on 14th of Aug 2019 at 03:24 pm
Broke the ice!!
Update: intra day SPX comments
Posted by matt on 14th of Aug 2019 at 11:29 am
$SPX - Chart Link - slight bounce off that 5 min doji. the largest intra day bounce is around 10 points to monitor
Update: Update: intra day SPX comments
Posted by matt on 14th of Aug 2019 at 12:12 pm
$SPX - Chart Link - aggressive small wedge here on the 5 min
the wedge starting to play
Posted by matt on 14th of Aug 2019 at 12:33 pm
the wedge starting to play out now on the SPX 5 min, need a bounce larger than 10 points to break symmetry otherwise will just turn into another bear flag
so far SPX cash struggling
Posted by matt on 14th of Aug 2019 at 11:36 am
so far SPX cash struggling at the 10 point symmetry area
again SPX failed at the
Posted by matt on 14th of Aug 2019 at 11:54 am
again SPX failed at the 10 point symmetry, otherwise a simple short term guide simply the 9 EMA on 15 min time frame, you can see all night and this morning price has stopped at the 9 EMA, so good symmetry guide as well
maybe we'll see a C-note
Posted by matt on 14th of Aug 2019 at 12:02 pm
maybe we'll see a C-note on the SPX today i.e. 100 bill