$SPX - Chart Link another educational
point I want to point out on that 5 min symmetry chart: going back
to yesterday as you know we had the symmetry break in late morning,
which then led to a lower high and the decline the rest of the day
- it was a great 'get out of dodge' signal
Anyway following up on that, this morning the rally off the lows
was the largest bounce since yesterday's decline started mid day,
therefore it told you to watch for that higher low, which we got on
the abc pullback in the morning
then of course symmetry then useful in that price today
Update: Update: SPX 15 min with symmetry
SPX 15 min with symmetry
Posted by matt on 2nd of Dec 2021 at 01:30 pm
$SPX - Chart Link another educational point I want to point out on that 5 min symmetry chart: going back to yesterday as you know we had the symmetry break in late morning, which then led to a lower high and the decline the rest of the day - it was a great 'get out of dodge' signal
Anyway following up on that, this morning the rally off the lows was the largest bounce since yesterday's decline started mid day, therefore it told you to watch for that higher low, which we got on the abc pullback in the morning
then of course symmetry then useful in that price today
Update: Update: Update: SPX 15 min with symmetry
Posted by matt on 2nd of Dec 2021 at 03:14 pm
$SPX - Chart Link - that symmetry from this morning proved to be a sticking point for the market all afternoon
let's add to that further on
Posted by matt on 2nd of Dec 2021 at 01:38 pm
let's add to that further
on that abc pullback this morning - notice you had my trusty MACD KISS / OS Stochastic setup as well
remember we discussed that yesterday with NFLX but on the daily and it was the reverse with the short version of that