Quoting Coolbizone:
from Friday- This bullish move needs to cross 2787 and close above for confirmation on Monday at 2777.52 now. High today was 2782.81.
SPX at 2780.11 now, expect it to move to 2835-2873 next week or longer. 2761.73 should not be breached. Enjoy the ride.....on your longs
On the other hand Pretzel says bulls need to exceed 2825 ish as this could still be a complex counter trend move setting up for a bigger drop.
Double top or not, waiting for it! We have seen this plan before in recent weeks, clear double top followed by a down afternoon so bulls need to open their wallets.
Yes that on the other hand is taught early. I have only had 4 semesters of Economics and yest I can use the phrase effortlessly. Especially as the last one I took was taught by a card carrying libertarian, gives you a second point of view on everything.
the pullback indeed was bought. now let's see if bears can make double top here
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10 day view of the 2 minute. I extended the Point of control over to the right side. Tomorrow really needs to be up, as last week was not good volume and this thing is looking kinda like a rounded top to me.
buckle up.. this level goes… look for a -40point drop overnight
Just minutes after the US Senate passed its ZTE-Deal-killing amended-bill, President Trump hit China with a potential double whammy as he directed the U.S. Trade Representative to identify $200 billion worth of China goods for additional 10% tariffs.
fehro wrote:buckle up.. this level goes… look for a -40point drop overnight
Just minutes after the US Senate passed its ZTE-Deal-killing amended-bill, President Trump hit China with a potential double whammy as he directed the U.S. Trade Representative to identify $200 billion worth of China goods for additional 10% tariffs.