SPX comments

    Posted by matt on 10th of Oct 2019 at 09:55 am

    $SPX - Chart Link - remember we have that higher low after the symmetry break at 2983, if one was long the index that's where your stop would go at this point. For now we've filled that open gap. Longer term resistance is the last lower high at 2560 and the downtrend line

    $SPX - Chart Link

    $SPX - Chart Link - market

    Posted by matt on 10th of Oct 2019 at 12:32 pm

    $SPX - Chart Link - market pulling back here pretty good

    par for the course these days 

    @matt - is this not

    Posted by Orangeman on 10th of Oct 2019 at 12:41 pm

    @matt - is this not your classic stoch momo / trend day setup on the 5?  

    60-period is below 80 (currently ~60), but has been stuck up there all morning

    trying to perfect that lucrative strategy.  Thanks.

    yep but that condition was

    Posted by matt on 10th of Oct 2019 at 12:43 pm

    yep but that condition was lost as the 60 Stoch fell below 80%, and you didn't have a trigger there

    Bough SPXL at the open,

    Posted by retirefire on 10th of Oct 2019 at 09:58 am

    Bough SPXL at the open, raising money stop now. Thanks for charts

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