$SPX - Chart Link - as far as a typical
trend day we should get an hr long consolidation starting sometime
soon, generally it's between around 1 - 2 pm give or take 15/30
min.
on the 1hr consolidation typically your best buy is an abc
pullback where a fast stochastic gets oversold and MACD recycles
back closer to zero and price near the 50 SMA on the 5 min time
frame
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$SPX - Chart Link - as
SPX 5 min comments
Posted by matt on 29th of Apr 2020 at 12:33 pm
$SPX - Chart Link - as far as a typical trend day we should get an hr long consolidation starting sometime soon, generally it's between around 1 - 2 pm give or take 15/30 min.
on the 1hr consolidation typically your best buy is an abc pullback where a fast stochastic gets oversold and MACD recycles back closer to zero and price near the 50 SMA on the 5 min time frame