$SPX - Chart Link-10 min view, as you know
price pulled right back from that resistance zone this morning.
We now have what could be an abc pullback. Again could the
first move up be a wave A, this pullback a B, then get one more
move up as a C? we'll see....
we also have an open gap below as Steve noted earlier
SPX comments
Posted by matt on 10th of Sep 2020 at 01:36 pm
$SPX - Chart Link-10 min view, as you know price pulled right back from that resistance zone this morning.
We now have what could be an abc pullback. Again could the first move up be a wave A, this pullback a B, then get one more move up as a C? we'll see....
we also have an open gap below as Steve noted earlier
Update: SPX comments
Posted by matt on 10th of Sep 2020 at 01:54 pm
$SPX - Chart Link- updated view, each lower high bounce today with the bearish MA ribbon configuration provided shorting opportunities
Update: Update: SPX comments
Posted by matt on 10th of Sep 2020 at 03:11 pm
$SPX - Chart Link- updated view early filled that open gap
Update: Update: Update: SPX comments
Posted by matt on 10th of Sep 2020 at 03:29 pm
$SPX - Chart Link- filled the gap which was a magnet. could draw an aggressive wedge here but it's late in the day too
Update: Update: Update: Update: SPX comments
Posted by matt on 10th of Sep 2020 at 03:44 pm
$SPX - Chart Link- nice move out of that falling wedge I pointed out on the 5 min time frame below
SPY System still long?
Posted by jdaswani on 10th of Sep 2020 at 04:03 pm
SPY System still long?
Appreciate the coverage here matt
Posted by fundamentalvalues on 10th of Sep 2020 at 03:29 pm
Appreciate the coverage here matt & steve