$SPX - Chart Link - V bounce from the
morning low. by the way you can see the doji hammer like
candlesticks, so day traders could have anticipated a bounce from
those.
anyway V bounce, the MA ribbons are starting to pinch, something
to keep an eye on
$SPX - Chart Link - updated view, again
that V bounce was a nice day trade short. If one had covered some
of the SPY system short, could have added back on that bounce since
system is end of day.
SPX 5 min
Posted by matt on 23rd of Jan 2020 at 10:38 am
$SPX - Chart Link - V bounce from the morning low. by the way you can see the doji hammer like candlesticks, so day traders could have anticipated a bounce from those.
anyway V bounce, the MA ribbons are starting to pinch, something to keep an eye on
Update: SPX 5 min
Posted by matt on 23rd of Jan 2020 at 11:25 am
$SPX - Chart Link - updated view, again that V bounce was a nice day trade short. If one had covered some of the SPY system short, could have added back on that bounce since system is end of day.
Update: SPX 5 min
Posted by matt on 23rd of Jan 2020 at 10:59 am
$SPX - Chart Link - notice how SPX pulled right back from that V wedge like bounce, and MA ribbon pinch, was low risk short