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DaddySawbucks
13 aug 2018 14:29

SPX Ascending Triangle in weak bullish retracement Bulltrap Kort

S&P 500SP

Beskrivning

Doubtful SPX 0.32% can fill Friday's gap. Curving over now after a tiny subminuette 5 wave reactive bull impulse.

Expect lower by day's end and a break sometime this week.

I'm not an investement advisor this post is for education only, good luck!
Kommentarer
The_Unwind
200 Min Interval Resistance on the S+P
on the 5 minute Chart is currently 2842.42,.. and dropping.

I use the 200/ 5 min Resistance/ Support Number
for confirming, or establishing new trade initiation.

It captures a majority of trend,

THE_UNWIND

8/13/18 204 pm New York
The_Unwind
The market is telling us, that 2840 price area was and is strong RESISTANCE.
Always allow the market to tell you, rather than the other way around.

THE_UNWIND
DaddySawbucks
@The_Unwind, Thanks again!
judejames
its a bull gap, disagree.
DaddySawbucks
@judejames, Thanks for the input- we shall see!
The_Unwind
Yes. Agreed at this point. Thank you .Keep posting.
Markets are at a critical juncture, and your insights are valuable.

THE_UNWIND

Mer