3309 Drysdale Ct
Edwardsville, IL 62025
on the 1/2 day SPX chart price sold off from the resistance cycle last week and bounced from the support cycle late yesterday
on the 60 min chart the 60 Stochastic is testing the 50% zone on the underside
lately the market has responded to the Demark 9 sequence at the lows
here's a 5 min view of the indexes - the pullback mind day found perfect support at the support cycles, was no reason to hold short there unless price had busted through those
price pulling back nicely from that 5 min end of bull resistance cycle
Symmetry saved the day for me in regrds to not getting short yet. Im also keeping in mind the 60 min view
https://www.tradingview.com/x/DWvgaFr9/
nice job man! yep the intra day pullbacks were all roughly symmetrical on the SPX 5 min. Price also bounced right off the VWAP at that afternoon low
for example here's the 5 min SPX chart
Subscribe to our email list for regular free market updates as well as a chance to get coupons!
cycles
Posted by matt on 9th of Mar 2022 at 03:07 pm
on the 1/2 day SPX chart price sold off from the resistance cycle last week and bounced from the support cycle late yesterday
on the 60 min chart the 60 Stochastic is testing the 50% zone on the underside
lately the market has responded to the Demark 9 sequence at the lows
here's a 5 min view
Posted by matt on 9th of Mar 2022 at 03:09 pm
here's a 5 min view of the indexes - the pullback mind day found perfect support at the support cycles, was no reason to hold short there unless price had busted through those
price pulling back nicely from
Posted by matt on 9th of Mar 2022 at 03:53 pm
price pulling back nicely from that 5 min end of bull resistance cycle
Symmetry saved the day for
Posted by jcm2323 on 9th of Mar 2022 at 03:23 pm
Symmetry saved the day for me in regrds to not getting short yet. Im also keeping in mind the 60 min view
https://www.tradingview.com/x/DWvgaFr9/
nice job man! yep the
Posted by matt on 9th of Mar 2022 at 03:31 pm
nice job man! yep the intra day pullbacks were all roughly symmetrical on the SPX 5 min. Price also bounced right off the VWAP at that afternoon low
for example here's the 5
Posted by matt on 9th of Mar 2022 at 03:34 pm
for example here's the 5 min SPX chart