$SPX - Chart Link remember this is a trend
day - so look for the typical mid day consolidation for about an hr
- lower risk buy would be near the 50 SMA if price can get that far
down (not sure as that's pretty far away
other things to watch for is the MACD to recycle back to zero,
watch for 3 small waves down, you may need to look at a smaller
time frame etc, watch 60 Stochastic- it should stay above
80%
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SPX 5 min
Posted by matt on 1st of Jun 2023 at 12:47 pm
$SPX - Chart Link remember this is a trend day - so look for the typical mid day consolidation for about an hr - lower risk buy would be near the 50 SMA if price can get that far down (not sure as that's pretty far away
other things to watch for is the MACD to recycle back to zero, watch for 3 small waves down, you may need to look at a smaller time frame etc, watch 60 Stochastic- it should stay above 80%