Update: SPX 5 min

    SPX 5 min

    Posted by matt on 24th of Mar 2020 at 01:01 pm

    $SPX - Chart Link - note on the 5 min SPX we are pulling back in that mid day time frame I suggested. My only concern is the MACD divergence, typically on trend days don't get that divergence until the second push to a new high in the afternoon. 

    anyway watch the 50 SMA price normally retraces to retest that, also MACD tends to recycle back to zero which it is trying to do.

    you obviously want to see 60 Stochastic remain above 80% or close to it. 

    currently fast Stochastic 10 length is recycling, not yet oversold

    Update: Update: SPX 5 min

    Posted by matt on 24th of Mar 2020 at 01:44 pm

    $SPX - Chart Link

    huge 15 min of trading

    Posted by 3rdmilcharts on 24th of Mar 2020 at 01:45 pm

    huge 15 min of trading coming up

    need to invalidate the bearish

    Posted by 3rdmilcharts on 24th of Mar 2020 at 01:46 pm

    need to invalidate the bearish candle on the hourly chart

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