Dr_Roboto

S&P 500 - Same corrective pattern as Sept?

Dr_Roboto Mis à jour   
I am watching to see if we repeat the same corrective pattern as Sept.

Today at 1h

Sept at 1h

Also note that there is a very clear S/R region right where we open this morning.
Commentaire:
11:36am update.
Commentaire:
2:43pm
Commentaire:
end of day
Commentaire:
7pm
Commentaire:
Tuesday morning update. Looks like in overnight trading the S&P broke above the resistance trend line. This may be a good bullish sign. However, if this is a local peak, then it is still a lower high than last week, so that is bearish. The other bearish sign is the 1.5 extension to this point. I would hope to see a 1.618 or higher extension to call this a bullish wave.

Commentaire:
10:56am and bulls in charge today
Commentaire:
bulls still going strong at 12:26pm
Commentaire:
End of day. Broke through resistance lines, but the orange channel provide a stopping point at the end of the day. Fell back inside and a candle testing it as resistance.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.