SPX's lines in the sand for new ATH and a trough behind us !!!
1/ 101 Sloping down trend line resistance
2/ 101 Previous high resistance
3. 101 50D MA resistance
Clearing these = We are with higher probabilities
have a banded the bearish scenario a bullish one
with a new ATH in coming weeks/days.
Not clearing these three we go back and break out last low !!!
2/ 101 Previous high resistance
3. 101 50D MA resistance
Clearing these = We are with higher probabilities
have a banded the bearish scenario a bullish one
with a new ATH in coming weeks/days.
Not clearing these three we go back and break out last low !!!
Komen:
Hmmmmmmmmm !!! Rejectionnnnnnnnnnnnnnnnnn !!!
Komen:
finished 1st obstacle , we need to pass the 2ed !!!
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1