$SPX - Chart Link- see chart - we have a first
MA ribbon pinch, so this is the place where 'Bulls' can possibly
defend, or price continues lower and the MA ribbon goes negative
again. Anyway seems like a breakpoint. Also remember we still
didn't fill that open gap
SPX 60 min comments
Posted by matt on 3rd of Sep 2019 at 02:58 pm
$SPX - Chart Link- see chart - we have a first MA ribbon pinch, so this is the place where 'Bulls' can possibly defend, or price continues lower and the MA ribbon goes negative again. Anyway seems like a breakpoint. Also remember we still didn't fill that open gap
Update: SPX 60 min comments
Posted by matt on 3rd of Sep 2019 at 03:51 pm
$SPX - Chart Link - price did bounce from the MA Squeeze I pointed out earlier on the 60 min. Again we'll see what happens tomorrow,
Interestingly on ES the MA
Posted by skyhansen on 3rd of Sep 2019 at 03:42 pm
Interestingly on ES the MA ribbon is pinching the other way - from the underside.