$SPX - Chart Link- again the market gets
vulnerable to these quick rug pulls when it gets too
stretched. Kind of like I commented on Monday, the SPX was 60
points above the 9 EMA and I consider the 9 EMA the 'mean' so
that's why I mentioned a quick 50 point pullback would just be the
norm.
Update: Market intra day
Market intra day
Posted by matt on 14th of Apr 2021 at 02:12 pm
$SPX - Chart Link- again the market gets vulnerable to these quick rug pulls when it gets too stretched. Kind of like I commented on Monday, the SPX was 60 points above the 9 EMA and I consider the 9 EMA the 'mean' so that's why I mentioned a quick 50 point pullback would just be the norm.
Update: Update: Market intra day
Posted by matt on 14th of Apr 2021 at 03:20 pm
$SPX - Chart Link- 15 min view, the horizontal lines are your support and resistance areas
Update: Update: Market intra day
Posted by matt on 14th of Apr 2021 at 02:52 pm
$SPX - Chart Link- you can see how price stalled at that primary pivot on the bear flag like bounce after that low
Yes letting some air out
Posted by steve on 14th of Apr 2021 at 02:13 pm
Yes letting some air out of the SPX and QQQ with RSI 5 readings around 90 last night