SPX 30 (OANDA) - this

    Posted by DigiNomad on 19th of Oct 2023 at 11:14 am

    SPX 30 (OANDA) - this is one of those days when the chart including the overnight action looks quite a bit different. We just tested the 78.6 Fib from overnight. 

    Went from testing the 78.6

    Posted by DigiNomad on 19th of Oct 2023 at 11:47 am

    Went from testing the 78.6 on the downside to testing the 78.6 on the upside...very quickly. 

    Another one for you, DigiNomad.

    Posted by timebandit on 19th of Oct 2023 at 01:53 pm

    Another one for you, DigiNomad. The right side is dotted because not a lot of action there yet

    Basically at the 61.8 and

    Posted by DigiNomad on 19th of Oct 2023 at 02:45 pm

    Basically at the 61.8 and 200 day EMA now. Logical bounce zone. Would have been weird if we didn't at least come down here and test it. 

    This move down not only

    Posted by patellee on 19th of Oct 2023 at 03:56 pm

    This move down not only caught the 200EMA on ES but exact symmetry on the move done from 9/29 to 10/4 and the move down that started on 10/12, i.e. ~135points.

    I did mention 4280 as

    Posted by DigiNomad on 19th of Oct 2023 at 03:01 pm

    I did mention 4280 as a confluence of indicators early this week. It definitely provided a very short term inflection point. Maybe we build on it. I'd personally rather see it go down from here and confirm the bear market rally, but I'm ready to play it either way. 

    Same result as the last

    Posted by timebandit on 19th of Oct 2023 at 02:39 pm

    Same result as the last one.  Very weak market

    SPX - at this point,

    Posted by DigiNomad on 19th of Oct 2023 at 11:24 am

    SPX - at this point, I can't imagine we don't at least go down and touch the confluence of the 61.8 fib and the 200 day EMA at 4280.  So close...

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