pulled back off the resistance cycle, but remember my comments
earlier regarding those A's chasing shorts at the 4417 support - I
said that was most likely a trap for them short term then right on
cue price bounced hard
Posted by DigiNomad on 19th of Sep 2023 at 03:12 pm
Trying to get my head around "break in structure" rules. Given
the above example, does that mean we just broke structure again
when we SPX came down and took out the higher low at
442.02?
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Update: SPY 1 min with the zig zag indcator
SPY 1 min with the zig zag indcator
Posted by matt on 19th of Sep 2023 at 03:08 pm
SPY - Chart Link updated 1 min SPX of the chart I posted earlier before3 the bounce
if you needed confirmation you got your break in structure when price took at the last lower high
pulled back off the resistance
Posted by matt on 19th of Sep 2023 at 03:16 pm
pulled back off the resistance cycle, but remember my comments earlier regarding those A's chasing shorts at the 4417 support - I said that was most likely a trap for them short term then right on cue price bounced hard
Trying to get my head
Posted by DigiNomad on 19th of Sep 2023 at 03:12 pm
Trying to get my head around "break in structure" rules. Given the above example, does that mean we just broke structure again when we SPX came down and took out the higher low at 442.02?