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) 

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