With this morning's gap down,
Monday's May 1,2023 entire trading range in the S+P 500
has become an "island". That includes all price between 4186.92 and 4164.42 ( See Chart)
Technically that is a very bearish overnight occurrence,
and it is revered to as an "island reversal" in technical analysis.
Readers of my Daily Update on May 1,2023 Column
were "forewarned" of a KST Sell Signal,
confirming this mornings price breakdown.
"Minimum" Downside Objective
SPX 4145.00 !
S+P 500 10 AM OPEN 4150.47
THE_UNWIND
WOODS OF CONNECTICUT
Monday's May 1,2023 entire trading range in the S+P 500
has become an "island". That includes all price between 4186.92 and 4164.42 ( See Chart)
Technically that is a very bearish overnight occurrence,
and it is revered to as an "island reversal" in technical analysis.
Readers of my Daily Update on May 1,2023 Column
were "forewarned" of a KST Sell Signal,
confirming this mornings price breakdown.
"Minimum" Downside Objective
SPX 4145.00 !
S+P 500 10 AM OPEN 4150.47
THE_UNWIND
WOODS OF CONNECTICUT
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.