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$SPX - Chart Link- note intra day symmetry - the move all the lows was similar point wise to the move in the morning off the open
the low did have a MACD divergence so still have to be open to possibility of higher low
$SPX - Chart Link-again without that symmetry break could be a 4th wave here
$SPX - Chart Link- perfect example of how symmetry told you that move was not to be trusted as it stalled perfectly at the intra day symmetry. Had the rally exceeded intra day symmetry then we would have seen a higher low and another push up
The measured target of 3930 on SPX has been hit.
If you consider only the bounces after the 10:06 top, then we do have a symmetry break. Wouldn't that be the more usual symmetry to use?
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SPX 5 min
Posted by matt on 18th of Jan 2023 at 02:20 pm
$SPX - Chart Link- note intra day symmetry - the move all the lows was similar point wise to the move in the morning off the open
the low did have a MACD divergence so still have to be open to possibility of higher low
Update: SPX 5 min
Posted by matt on 18th of Jan 2023 at 02:50 pm
$SPX - Chart Link-again without that symmetry break could be a 4th wave here
Update: Update: SPX 5 min
Posted by matt on 18th of Jan 2023 at 04:00 pm
$SPX - Chart Link- perfect example of how symmetry told you that move was not to be trusted as it stalled perfectly at the intra day symmetry. Had the rally exceeded intra day symmetry then we would have seen a higher low and another push up
The measured target of 3930
Posted by junkie on 18th of Jan 2023 at 04:07 pm
The measured target of 3930 on SPX has been hit.
If you consider only the
Posted by frtaylor on 18th of Jan 2023 at 02:28 pm
If you consider only the bounces after the 10:06 top, then we do have a symmetry break. Wouldn't that be the more usual symmetry to use?