3309 Drysdale Ct
Edwardsville, IL 62025
$SPX - Chart Link - some divergence, steep wedge
otherwise note the intra day symmetry is about 26 points on the morning bounce
$SPX - Chart Link - updated view, I added the symmetry move on the morning bounce, could be a target, if exceeded would be a symmetry break
UPRO - Chart Link - here's the UPRO equivalent chart
this is a very steep wedge guys, may need to come down again and wiggle around too
$SPX - Chart Link- updated view, as you can see that wedge did what I discussed it pulled back and formed a BETTER positive divergence, now so far the bounce about 18 points off the lows
$SPX - Chart Link- 25 point bounce off the lows, which roughly matches the morning bounce - that needs to be exceeded to break symmetry intra day
also note the declining 50 SMA in red and the Vwap
$SPX - Chart Link - follow up on symmetry
UPRO - Chart Link
anyway got a nice day trade long off the nearly double bottom divergence.
now we'll see if a higher lwo can form or not
$SPX - Chart Link - as I pointed out below the intra day symmetry break look for a higher low which we got
SPX stalled near VWAP
yep I pointed out VWAP below
Looks like we're getting that symmetry brake right now
SPXL closed@$30.52. Just a scalp today.
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SPX 5 min
Posted by matt on 21st of Apr 2020 at 11:47 am
$SPX - Chart Link - some divergence, steep wedge
otherwise note the intra day symmetry is about 26 points on the morning bounce
Update: SPX 5 min
Posted by matt on 21st of Apr 2020 at 11:58 am
$SPX - Chart Link - updated view, I added the symmetry move on the morning bounce, could be a target, if exceeded would be a symmetry break
UPRO - Chart Link - here's the UPRO equivalent chart
this is a very steep wedge guys, may need to come down again and wiggle around too
Update: Update: SPX 5 min
Posted by matt on 21st of Apr 2020 at 01:08 pm
$SPX - Chart Link- updated view, as you can see that wedge did what I discussed it pulled back and formed a BETTER positive divergence, now so far the bounce about 18 points off the lows
Update: Update: Update: SPX 5 min
Posted by matt on 21st of Apr 2020 at 01:26 pm
$SPX - Chart Link- 25 point bounce off the lows, which roughly matches the morning bounce - that needs to be exceeded to break symmetry intra day
also note the declining 50 SMA in red and the Vwap
Update: Update: Update: Update: SPX 5 min
Posted by matt on 21st of Apr 2020 at 01:56 pm
$SPX - Chart Link - follow up on symmetry
UPRO - Chart Link
anyway got a nice day trade long off the nearly double bottom divergence.
now we'll see if a higher lwo can form or not
Update: Update: Update: Update: Update: SPX 5 min
Posted by matt on 21st of Apr 2020 at 02:28 pm
$SPX - Chart Link - as I pointed out below the intra day symmetry break look for a higher low which we got
SPX stalled near VWAP
Posted by steve on 21st of Apr 2020 at 01:57 pm
SPX stalled near VWAP
yep I pointed out VWAP
Posted by matt on 21st of Apr 2020 at 01:59 pm
yep I pointed out VWAP below
Looks like we're getting that
Posted by under80 on 21st of Apr 2020 at 01:35 pm
Looks like we're getting that symmetry brake right now
SPXL closed@$30.52. Just a scalp
Posted by ssaffer on 21st of Apr 2020 at 01:42 pm
SPXL closed@$30.52. Just a scalp today.