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$SPX - Chart Link- updated 5 min, again as you can see price stalled at symmetry on that last bounce.
however this next low now has MACD divergence potential for an intra day low but you need a trigger
We should be all over the bottom channel line in your 60min chart
yes it's something to monitor. the lower channel is coming up, also corresponds to a 50% Fibonacci retracement
on Friday's rally notice the MA ribbon was pinching there on the underside
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Update: SPX 5 min
SPX 5 min
Posted by matt on 26th of Oct 2020 at 12:35 pm
$SPX - Chart Link- updated 5 min, again as you can see price stalled at symmetry on that last bounce.
however this next low now has MACD divergence potential for an intra day low but you need a trigger
We should be all over
Posted by racerick on 26th of Oct 2020 at 12:45 pm
We should be all over the bottom channel line in your 60min chart
yes it's something to monitor.
Posted by matt on 26th of Oct 2020 at 12:50 pm
yes it's something to monitor. the lower channel is coming up, also corresponds to a 50% Fibonacci retracement
on Friday's rally notice the MA ribbon was pinching there on the underside