SPX 60 min comments

    Posted by matt on 3rd of Oct 2019 at 10:16 am

    $SPX - Chart Link - the bounces stalled out at the 9 EMA, then of course the market reacted to that manf news this morning. 

    otherwise at the moment there's some RSI divergence which I've marked, unless price just falls out of bed again to negate it

    Update: SPX 60 min comments

    Posted by matt on 3rd of Oct 2019 at 10:26 am

    $SPX - Chart Link - nice bounce from the 60 min divergence.  Markets move VERY fast these days jeez

    $SPX - Chart Link  5 min view

    question now was that the

    Posted by retirefire on 3rd of Oct 2019 at 10:29 am

    question now was that the bottom at 2856 or is this a (4) up and then final new low to finish 1 down ??

    Right now for me -

    Posted by ssaffer on 3rd of Oct 2019 at 12:38 pm

    Right now for me - it is a 4 up and looking for one more big flush next week.   I do not trade on the Elliot Wave cycles but i like to use them as a sketch pad. 

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