Posted by anjali25 on 29th of Aug 2022 at 02:40 pm
Hi Matt - based on the 3 options you shared last night and the
price action today it looks like the most bearish may not be
playing out as we have not seen a cascade lower
please can you share your thoughts on the alternates ?
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SPX 3
Posted by steve on 29th of Aug 2022 at 01:58 pm
$SPX - Chart Link
higher lows all day, I
Posted by retirefire on 29th of Aug 2022 at 02:01 pm
higher lows all day, I should have seen a channel
that choppy bounce to fill
Posted by matt on 29th of Aug 2022 at 02:16 pm
that choppy bounce to fill the gap was not an impulse move
matt...what does that imply?
Posted by kobie on 29th of Aug 2022 at 02:19 pm
matt...what does that imply?
it means that the bounce
Posted by matt on 29th of Aug 2022 at 02:24 pm
it means that the bounce off the lows this morning to fill the gap was a choppy abc abc not a an impulse 5 wave pattern
it doesn't mean it's totally
Posted by matt on 29th of Aug 2022 at 02:28 pm
it doesn't mean it's totally over either, corrective patterns can take many forms
intraday see if price can stay above VWAP
Hi Matt - based on
Posted by anjali25 on 29th of Aug 2022 at 02:40 pm
Hi Matt - based on the 3 options you shared last night and the price action today it looks like the most bearish may not be playing out as we have not seen a cascade lower
please can you share your thoughts on the alternates ?