IWM and SPX 15 Minute Views

    Posted by steve on 19th of Nov 2020 at 03:29 pm

    IWM - Chart Link

    $SPX - Chart Link

    Just be mindful of the potential HS patterns on 15 minute charts should price weaken into the close or tomorrow 

    Steve is the potential  H&S

    Posted by DK on 20th of Nov 2020 at 07:29 am

    Steve is the potential  H&S pattern on the 15 min $SPX chart you posted before the close yesterday still in play despite the volatility after hours in SPY yesterday and overnight in the futures?

    DK - the answer is

    Posted by steve on 20th of Nov 2020 at 08:30 am

    DK - the answer is yes - they remain a valid OPTION at this time but would only be confirmed with a neckline break.   Trade what's in front of you in accordance with your plan

    Those 15 Minute HS patterns

    Posted by steve on 19th of Nov 2020 at 06:03 pm

    Those 15 Minute HS patterns rolling over nicely after hours.  The SPX rallied up to 50% of the previous decline (mechanical day) and down we go after hours. Trim and trail 

    Stay at home orders in

    Posted by steve on 19th of Nov 2020 at 06:44 pm

    Stay at home orders in California between 10 pm and 5 am

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