$SPX - Chart Link - so we got our bounce
off the 50 SMA and VWAP for a trade. The fast stochastic has
worked up to overbought already. so we'll see if we can still make
a new intra day high this afternoon. Anyway I went long on
that VWAP and 50 SMA ES futures - as I gave you heads up earlier
on.
Update: Update: Update: SPX 5 min and 15 min commentary
SPX 5 min and 15 min commentary
Posted by matt on 5th of May 2020 at 02:10 pm
$SPX - Chart Link - so we got our bounce off the 50 SMA and VWAP for a trade. The fast stochastic has worked up to overbought already. so we'll see if we can still make a new intra day high this afternoon. Anyway I went long on that VWAP and 50 SMA ES futures - as I gave you heads up earlier on.
Update: Update: Update: Update: SPX 5 min and 15 min commentary
Posted by matt on 5th of May 2020 at 02:53 pm
$SPX - Chart Link I'm still long with stop at the last higher low, MA ribbon pinching again now needs to bust through the trendline
so far price stalled at
Posted by matt on 5th of May 2020 at 02:36 pm
so far price stalled at the double top intra day high
Hey Matt - As symmertry
Posted by z0ned on 5th of May 2020 at 02:25 pm
Hey Matt - As symmertry was broken (the second pull back of the day was greater than the first), are we looking for a lower high? - Thx!
intra day that's a valid
Posted by matt on 5th of May 2020 at 02:38 pm
intra day that's a valid point - so far the SPX has failed to take out the morning high, so that could be the intra day symmetry break playing out