Posted by jimmytheshoer on 17th of Apr 2020 at 10:33 am
I'm likely one of, if not, the oldest trader here at 66 and have
long used the industry standard of the 17 month MA. That currently
stands at 2900.36, so if we used that benchmark along with the
61.8% retrace at 2934.49 along with this symmetry move of Matt's at
2893 I think we can all agree there is a strong headwind just
ahead.
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I'm likely one of, if
SPX tagged the 50 MA
Posted by jimmytheshoer on 17th of Apr 2020 at 10:33 am
I'm likely one of, if not, the oldest trader here at 66 and have long used the industry standard of the 17 month MA. That currently stands at 2900.36, so if we used that benchmark along with the 61.8% retrace at 2934.49 along with this symmetry move of Matt's at 2893 I think we can all agree there is a strong headwind just ahead.