SPX 5 min update

    Posted by matt on 23rd of Jan 2020 at 12:13 pm

    $SPX - Chart Link - trying to post this a 3rd time, each time keeps screwing up

    so after the first bounce of 14 points off the low we essentially had a double bottom and now on another bounce, the 14 point bounce on the first move can use as symmetry for this one. Currently this one about 10 points 

    Update: SPX 5 min update

    Posted by matt on 23rd of Jan 2020 at 02:03 pm

    $SPX - Chart Link- you can see a few day trades the 5 min provided

    1 - the short off the bounce in the morning on that bearish MA ribbon squeeze

    2 - double bottom around 11:30

    3 - a bull flag long just after 1 pm and also note the fast MA ribbon had a bull squeeze there

    anyway despite the back and forth you can get day trades on this stuff if you look for patterns and triggers

    another 14 point bounce

    Posted by retirefire on 23rd of Jan 2020 at 01:26 pm

    another 14 point bounce

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