TidBit: In my mark ups, you will see a multiple zone areas. For those who have notice, there is a certain range that I use to identify exhaustion, pivots and key levels. If it is all the same to you then, you may be on to something. These are just ideas -- that identifies a simple but useful pattern in arbitrage trading.
Analysis: SPX May Fall
SPX is at an buy exhaustion area due to its lovely build up. I am looking for a keen entry for a fall.. followed buy strong buy pullbacks for a heavy push downward.
Everything is just patterns.
-- The market is like a fine piece of artwork.. no right or wrong perspective; it is just the angle we view from
-- Happy Trading %&
Analysis: SPX May Fall
SPX is at an buy exhaustion area due to its lovely build up. I am looking for a keen entry for a fall.. followed buy strong buy pullbacks for a heavy push downward.
Everything is just patterns.
-- The market is like a fine piece of artwork.. no right or wrong perspective; it is just the angle we view from
-- Happy Trading %&
Komen:
Note the Daily Chart as well