$SPX - Chart Link- daily - we are into that
next demand zone, note the others below should it not hold this
one
$SPX - Chart Link- weekly: 3600 is symmetry
measured move off the Feb/mar 2020 move. Also 50% fib is 3500
$SPX - Chart Link- the 30 in chart showing
yesterday's bounce as a wave 4 and this is a 5. Wave 5's can stop
anywhere a new low is all that it needs, which we have. But it can
extend. But at the moment there is MACD divergence to watch, unless
it were to get blown out
There is a super small open gap at 3509 SPX and a slew of open
gaps in a row below that in early Nov of 2020. they appear to go
all the way down to 3270.
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SPX comments
Posted by matt on 16th of Jun 2022 at 09:49 am
$SPX - Chart Link- daily - we are into that next demand zone, note the others below should it not hold this one
$SPX - Chart Link- weekly: 3600 is symmetry measured move off the Feb/mar 2020 move. Also 50% fib is 3500
$SPX - Chart Link- the 30 in chart showing yesterday's bounce as a wave 4 and this is a 5. Wave 5's can stop anywhere a new low is all that it needs, which we have. But it can extend. But at the moment there is MACD divergence to watch, unless it were to get blown out
There is a super small
Posted by cozz101 on 16th of Jun 2022 at 10:00 am
There is a super small open gap at 3509 SPX and a slew of open gaps in a row below that in early Nov of 2020. they appear to go all the way down to 3270.