Could todays action be a

    Posted by bigg on 24th of Sep 2020 at 02:38 pm

    Could todays action be a large bear flag on the SPX and the QQQ

    too early to say.  I

    Posted by matt on 24th of Sep 2020 at 02:40 pm

    too early to say.  I mean the bullish case is that we put in a wave c low but it's not confirmed that c is done either.  otherwise on the main trend, nothing has changed yet, there's no symmetry breaks on the 60 min charts, this bounce has not exceeded the previous rallies and you still have lower highs in place. Basically nothing has confirmed so could go either way price could have made a good low today, or it could still come down again with wave c  on going.

    price bounced off that low,

    Posted by matt on 24th of Sep 2020 at 03:49 pm

    price bounced off that low, had a Tick Extreme support there, so was a logical place for price to bounce from

    Big push up into close

    Posted by fredsaid on 24th of Sep 2020 at 02:52 pm

    Big push up into close would be great.  I for one will be exiting the SPY reversion to mean if we can get it. The down Mon, up Tue, down Wed, up Thur ... then ?  Let's C.

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