SPX 5 min, note the last symmetry so far symmetry with the
first. For now there's some MACD div and a wedge-like pattern, but
I'm not sure how much that matters on a Friday in a strong
downtrend before the weekend
Yes - lower odds trading now after hitting O/N range .
Hard to say in front of a 3 day weekend . The overnight
range test was secured on this dip (that was the odds play) Could
easily see a wild close with a big move either way - no real
insight as to which.
SPX 5 min
Posted by matt on 14th of Jan 2022 at 01:34 pm
SPX 5 min, note the last symmetry so far symmetry with the first. For now there's some MACD div and a wedge-like pattern, but I'm not sure how much that matters on a Friday in a strong downtrend before the weekend
$SPX - Chart Link
Update: SPX 5 min
Posted by matt on 14th of Jan 2022 at 01:58 pm
$SPX - Chart Link- updated view, bounced right off that symmetry, so far slight move out of the wedge
Update: Update: SPX 5 min
Posted by matt on 14th of Jan 2022 at 02:41 pm
$SPX - Chart Linkplayed out perfectly. price hit the measured move low, and so far hit the measured target of the wedge
Update: Update: Update: SPX 5 min
Posted by matt on 14th of Jan 2022 at 03:26 pm
$SPX - Chart Link nice move on that wedge - the initial symmetry target was exceeded
Yes - lower odds trading
Posted by steve on 14th of Jan 2022 at 01:45 pm
Yes - lower odds trading now after hitting O/N range . Hard to say in front of a 3 day weekend . The overnight range test was secured on this dip (that was the odds play) Could easily see a wild close with a big move either way - no real insight as to which.
Wild close indeed (last night
Posted by steve on 14th of Jan 2022 at 04:19 pm
Wild close indeed (last night I said to Buckle Up and good thing because those were some large swings)