02/24/2016 Live Update

[Daniel]

SPX 2 hours w/ right shoulder, means futures will have to be pumped or the rip will be sold. Aroon divergence.

SPY up about 70cents in the immed. afterhours...

Nice chart from Al D, multiple financials-- many hammers. Somebody reach an international deal w somebody?

[TraderJoe]

Would you call this a "Key Reversal Day"??

Key Reversal Day: A one day chart pattern where prices sharply reverse during a trend.
In an uptrend, prices open in new highs and then close below the previous day's closing price.
In a downtrend, prices open lower and then close higher.
The wider the price range on the key reversal day and the heavier the volume, the greater the odds that a reversal is taking place

THANKS Al_, I think the volume was not heavy but the price range was sure wide.
I guess this will be counted as a Key Reversal Day??

Correct??