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

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