Posted by timebandit on 5th of Jan 2024 at 12:54 pm
Looks like it broke symmetry to me, Digi. But that rally failed
to get over 4730 on SPX. Keep failing to take out a prior high and
it's bound to come back down. So far yesterday's low has held.
Trying to reclaim support around 4698, but can't seem to get out of
bed
If you include the pre-market we had a break in structure BUT
the key is the backtest which is now unfolding - ideally you would
have seen on the SPX cash as well
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Symmetry break on that bounce?
Posted by DigiNomad on 5th of Jan 2024 at 11:41 am
Symmetry break on that bounce? Sorry for the lazy question...but usually someone posts and then I don't have to measure myself
Looks like it broke symmetry
Posted by timebandit on 5th of Jan 2024 at 12:54 pm
Looks like it broke symmetry to me, Digi. But that rally failed to get over 4730 on SPX. Keep failing to take out a prior high and it's bound to come back down. So far yesterday's low has held. Trying to reclaim support around 4698, but can't seem to get out of bed
If you include the pre-market
Posted by steve on 5th of Jan 2024 at 01:00 pm
If you include the pre-market we had a break in structure BUT the key is the backtest which is now unfolding - ideally you would have seen on the SPX cash as well