SPX 5min inverse h&s target

    Posted by kobie on 21st of Jun 2022 at 07:39 am

    SPX 5min inverse h&s target 3784 and gap close. This will take it out of the falling wedge which begs the question if wave 5 is complete and we do not get another leg down. Also depends on if futures keeps strong....

    Playing out as shown .....moved

    Posted by kobie on 21st of Jun 2022 at 12:41 pm

    Playing out as shown .....moved over neckline for buy trigger and gapped past resistance of ED,

    Nearing my target from well

    Posted by kobie on 21st of Jun 2022 at 10:24 am

    Nearing my target from well before market open! Also gapped passed the LD.

    first gap at 3,789.99..overshoot would

    Posted by fundamentalvalues on 21st of Jun 2022 at 10:31 am

    first gap at 3,789.99..overshoot would put us at that 3,830 retest Steve mentioned post FOMC. Very astute gentlemen, thank you

    First it has to get

    Posted by kobie on 21st of Jun 2022 at 07:44 am

    First it has to get over necline at 3708 which is also resistance of falling wedge. That =  0.90%  gap up from Friday...futures currently 1.7% up

Newsletter

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