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$SPX - Chart Link- updated view - clearly the wedge exceeded target after forming that divergence. Now monitor the VWAP here.
the sym break is a positive, now maybe we form higher low instead of lower lows again
Thanks for the updates Matt! It would be nice to rebound a little here and/or form a higher low and then possibly rebound short term.
awesome - playing out!
today a great example of the use of symmetry to objectively get a confirmed signal
one last thing - on that 5 min SPX chart, just like on a Trend day - watch that 50 day SMA and VWAP resistance areas
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Update: Update: Update: SPX 5 min
SPX 5 min
Posted by matt on 24th of Jan 2022 at 01:10 pm
$SPX - Chart Link- updated view - clearly the wedge exceeded target after forming that divergence. Now monitor the VWAP here.
the sym break is a positive, now maybe we form higher low instead of lower lows again
Thanks for the updates Matt!
Posted by cozz101 on 24th of Jan 2022 at 01:19 pm
Thanks for the updates Matt! It would be nice to rebound a little here and/or form a higher low and then possibly rebound short term.
awesome - playing out!
Posted by matt on 24th of Jan 2022 at 01:20 pm
awesome - playing out!
today a great example of
Posted by matt on 24th of Jan 2022 at 02:02 pm
today a great example of the use of symmetry to objectively get a confirmed signal
one last thing - on
Posted by matt on 24th of Jan 2022 at 01:12 pm
one last thing - on that 5 min SPX chart, just like on a Trend day - watch that 50 day SMA and VWAP resistance areas