$SPX - Chart Link - on the TICK pivots
there's really nothing above this area - a thin zone above. So
let's see if SPX can push into it - price has plowed through all
the ones below -
well hasn't yet cleared them out - needs to push through this
4420 area and stay above
$SPX - Chart Link - as I mentioned this
morning breaking over that 4418 pivot zone would allow SPX to go
into that thin zone - which allowed it to rally up to the next
pivot area 4448 - there was an air pocket between 4418 - 4448
basically area of little resistance
PIvots
Posted by matt on 14th of Oct 2021 at 10:09 am
$SPX - Chart Link - on the TICK pivots there's really nothing above this area - a thin zone above. So let's see if SPX can push into it - price has plowed through all the ones below -
well hasn't yet cleared them out - needs to push through this 4420 area and stay above
for now we are in a Trend Day
Update: PIvots
Posted by matt on 14th of Oct 2021 at 04:19 pm
$SPX - Chart Link - as I mentioned this morning breaking over that 4418 pivot zone would allow SPX to go into that thin zone - which allowed it to rally up to the next pivot area 4448 - there was an air pocket between 4418 - 4448 basically area of little resistance
Also an open gap
Posted by steve on 14th of Oct 2021 at 04:22 pm
Also an open gap
remember those TiCK spikes almost
Posted by matt on 14th of Oct 2021 at 04:25 pm
remember those TiCK spikes almost always occur at gaps so they are going to line up with each other
then rarely you get TICK spikes intra day - but most of them occur on gaps
retest the MA (50) ...
Posted by retirefire on 14th of Oct 2021 at 10:25 am
retest the MA (50) ... always looks obvious in hindsight 4436