According to this chart SPX back into the 3 channels at 1187. If SPX manages to stay inside all 3 into the close, it's a sign that bull has a) won an important battle and b) has power to fight on...
es 1190 area was the measured cycle peak. not sure if the current movement is break out or overshooting. tos still has problem, so i will wait for an hour or 2.
The goal is not uniformity. It is understanding and idea exchange.
We are approaching my BUY and SELL zone, Negative Divergence is in the making, since my short term market is in up trend, I will not short here but will monitor it closely of what to unfold, important intraday area. breaking out above 120 is very bullish, bulls mean business, so far stronger then I though but will see what's next.
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Financial, tech, and semi are lagging, sit on my hands, some people have problem with TOS? I have no problem after the update since I logged in this morning.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:We are approaching my BUY and SELL zone, Negative Divergence is in the making, since my short term market is in up trend, I will not short here but will monitor it closely of what to unfold, important intraday area. breaking out above 120 is very bullish, bulls mean business, so far stronger then I though but will see what's next.
I am curious why 120 is your "buy/sell" zone. Is it your R2 above the pivot point today? We just filled the gap from 8/5 so that is now support. Not sure I see your resistance. Okay, never mind; I see your MA13 post. But what is your 1min RSI setting?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
BullBear52x wrote:Financial, tech, and semi are lagging, sit on my hands, some people have problem with TOS? I have no problem after the update since I logged in this morning.
i think i updated at least 3 times since last night. 1 of my market order didn't executed. i guess there is some bad routing.
The goal is not uniformity. It is understanding and idea exchange.
BullBear52x wrote:We are approaching my BUY and SELL zone, Negative Divergence is in the making, since my short term market is in up trend, I will not short here but will monitor it closely of what to unfold, important intraday area. breaking out above 120 is very bullish, bulls mean business, so far stronger then I though but will see what's next.
I am curious why 120 is your "buy/sell" zone. Is it your R2 above the pivot point today? We just filled the gap from 8/5 so that is now support. Not sure I see your resistance. Okay, never mind; I see your MA13 post. But what is your 1min RSI setting?
RSI 50 1min.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:We are approaching my BUY and SELL zone, Negative Divergence is in the making, since my short term market is in up trend, I will not short here but will monitor it closely of what to unfold, important intraday area. breaking out above 120 is very bullish, bulls mean business, so far stronger then I though but will see what's next.
I am curious why 120 is your "buy/sell" zone. Is it your R2 above the pivot point today? We just filled the gap from 8/5 so that is now support. Not sure I see your resistance. Okay, never mind; I see your MA13 post. But what is your 1min RSI setting?
RSI 50 1min.
MANY THANKS BB52x
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
My next targets are the MA 75 on the weekly (377 on the daily) and most notably the lower band of the weekly BB13/1, now at 1225. Don't think I'll short the weekly 75, but I'm sure going to short the lower BB 13/1 band of the weekly.