SPX comments

    Posted by matt on 9th of Mar 2022 at 10:56 am

    $SPX - Chart Link- the MA ribbons got quite expanded - note the circles each time that happens in the past - so we'll see how long this bounce lasts

    $SPX - Chart Link- 60 min

    $SPX - Chart Link- 15 min the symmetry played yet - yesterday you can see where price stalled out yet

    CPI numbers tomorrow, all eyes will be on that. The question is, are the numbers backed in already, if they were slightly better than the street expected could rally from that, or if they are a disaster get that sell off 

    anyway getting that bounce today we expected, now simply monitoring 

    So far a nice fail

    Posted by jcm2323 on 9th of Mar 2022 at 11:03 am

    So far a nice fail on target on 2 hr .... 

    Ideal time is early afternoon

    Posted by steve on 9th of Mar 2022 at 11:07 am

    Ideal time is early afternoon for a top but you know the resistance areas 

    At what point is CPI

    Posted by fundamentalvalues on 9th of Mar 2022 at 11:10 am

    At what point is CPI baked in, guess we will find out soon enough. If they want to keep trading, I can trade. If not, show me a gap fill at 4,328 and get above this trendline. Ready either way

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!