unless the SPX can put ina nice divergent low intra day
here soon, would not shock me for it dump hard in the final hrs and
SPX end down 100 points and considering it's Friday, folks being
nervous for about potential weekend news time bombs. Again on these
trend day downs, price many times tries to bounce early afternoon
from a divergence but when that fails, it can dump pretty hard. The
last bounce stalled out at 11 points. All I'm saying if price
is going to bounce it better do so soon otherwise it could get even
uglier the last hr
as I stated earlier unless the SPX bounced right away from that
5 min div, it would likely weaken a lot the last hr. Still way off
from my 100 point call but who knows, 15 points left
Update: SPX 5 min
SPX 5 min
Posted by matt on 23rd of Aug 2019 at 12:39 pm
$SPX - Chart Link - updated SPX 5 min showing symmetry etc
Update: Update: SPX 5 min
Posted by matt on 23rd of Aug 2019 at 01:14 pm
$SPX - Chart Link- small wedge intra day
again make sure to to have your Trump tweet indicator up, China indicator etc, the market is very jittery and suspect to big intra day jyrations
Update: Update: Update: SPX 5 min
Posted by matt on 23rd of Aug 2019 at 01:35 pm
$SPX - Chart Link - I redrew it
unless the SPX can put
Posted by matt on 23rd of Aug 2019 at 02:37 pm
unless the SPX can put ina nice divergent low intra day here soon, would not shock me for it dump hard in the final hrs and SPX end down 100 points and considering it's Friday, folks being nervous for about potential weekend news time bombs. Again on these trend day downs, price many times tries to bounce early afternoon from a divergence but when that fails, it can dump pretty hard. The last bounce stalled out at 11 points. All I'm saying if price is going to bounce it better do so soon otherwise it could get even uglier the last hr
as I stated earlier unless
Posted by matt on 23rd of Aug 2019 at 03:44 pm
as I stated earlier unless the SPX bounced right away from that 5 min div, it would likely weaken a lot the last hr. Still way off from my 100 point call but who knows, 15 points left
Thanks... will be interesting to
Posted by deep on 23rd of Aug 2019 at 01:44 pm
Thanks... will be interesting to see if it can break out up... bought some BA 360 calls with today's expiration in case of last 30 min rally.