observations on 2hr, 60, 30 min SPX charts

    Posted by matt on 26th of Feb 2020 at 05:08 pm

    $SPX - Chart Link - 2hr chart, there's another open gap below.  However we now have some RSI 5 and 15 divergence

    $SPX - Chart Link - here's a zoomed out version of the 2hr chart, you can see the next levels of support below and 2 more open gaps.

    $SPX - Chart Link - 60 min - you have some small MACD divergence now, well a tiny bit for now

    $SPX - Chart Link - 30 min chart, you can draw an aggressive wedge here with MACD and RSI divergence. Clearly this could be negated if we had a big gap down tomorrow, but for now the pattern is there

    great charts thanks. the 200sma

    Posted by elliotw on 26th of Feb 2020 at 05:16 pm

    great charts thanks. the 200sma is about 3045 and the 61.8% retrac too, ties in with the lower gap you have shown 

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