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looks like a bear flag, so might be more down but for now I don't believe it'd be down and down.
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fehro wrote:SPX 20w 2706.. gapping down under … 200d 2669 .. look for a test
can't upload any charts
in the middle of gap villa <20w SMA not good… 200d 2669 it goes.. man this is going to get ugly fast.. H&S daily … measure move -104 yes one hundred points lower
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it's morning hourly hollow red. the implication is on the top right of the chart itself.
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fehro wrote:SPX 20w 2706.. gapping down under … 200d 2669 .. look for a test
can't upload any charts
in the middle of gap villa <20w SMA not good… 200d 2669 it goes.. man this is going to get ugly fast.. H&S daily … measure move -104 yes one hundred points lower
as usual, testing ema20 will let us know where the market wants to go today. wait.
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bear signal bar, so potential l1 short. the up leading to the signal bar was strong so not support the short, but since we've seen so many times the rebound simply reversed at ema20, so maybe the context leading to the signal bar doesn't matter. anyway, I'm interested to see...
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