Posted by pintopower on 28th of Sep 2022 at 04:06 pm
It looks like to me on the hourly chart from the beginning of
September that the SPY is doing an ending diagonal down.
If my math is correct, it has four touches so far which would
indicate that perhaps one more low to about 356 or so. If it
does that then target on a breakout of the ending diagonal would be
approximately 381 ish.
Posted by pintopower on 28th of Sep 2022 at 04:52 pm
Just testing how to post a chart from Thinkorswim. Pink
lines are ending diagonal; yellow oval would be hypothetical 5th
touch and light blue lines would be the Target. Let's see if
this test works?!
ES 3755 strong pivot pulling
4/25 ES Levels June Contract (ESM24)
Posted by steve on 28th of Sep 2022 at 03:59 pm
ES 3755 strong pivot pulling back
It looks like to me
Posted by pintopower on 28th of Sep 2022 at 04:06 pm
It looks like to me on the hourly chart from the beginning of September that the SPY is doing an ending diagonal down. If my math is correct, it has four touches so far which would indicate that perhaps one more low to about 356 or so. If it does that then target on a breakout of the ending diagonal would be approximately 381 ish.
pintopower - the QQQs could
Posted by steve on 28th of Sep 2022 at 04:15 pm
pintopower - the QQQs could have completed wave C today of an expanded flat for Wave 4 - same with SPX - the next PULLBACK will tell the tale
Just testing how to post
Posted by pintopower on 28th of Sep 2022 at 04:52 pm
Just testing how to post a chart from Thinkorswim. Pink lines are ending diagonal; yellow oval would be hypothetical 5th touch and light blue lines would be the Target. Let's see if this test works?!
This move down was not
Posted by mirhamedali on 29th of Sep 2022 at 11:15 am
This move down was not an ending diagonal. Doesn't meet the technical definition.
You passed with flying colors
Posted by steve on 28th of Sep 2022 at 05:00 pm
You passed with flying colors but not an ED - I will post my views