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Weekend Update


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#1 zoropb

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Posted 27 January 2019 - 08:37 AM

Day 1/28 Level: 10 / 5 use for major pivots in the day. High and low of session.  probable 2-4

Week: 28.25 L / 14.25  probable  2.50-5

No change from last week below here: Except only a few days left in month.

Month: 69.75 Level 35/17.50. We have already used 2.5 approx.. We entered yellow caution zone after last months bar.
1= 2508.25
1.50= 2543.25
2 = 2578.25
2.5=2648
3= 2682
3.5= 2718

Quarter: 90.50 Level / 45.25/ 22.50 Probable 2.5 level minimum does not have to be used one way. Currently used 1.75+ Still has room.
Start of this quarter at 2438.50
1 L = 2529
1.50= 2619.50
2 = 2664.75
2.25=2710
2.50=2755.25

Year: 114 Level
Used 1.75+ expected low sub 2175 if so at 4.41 Levels. If the assumption is correct then in Red caution zone.
1= 2552.50
1.50= 2609.50
1.75= 2666.50
2 = 2723.50

Lots around that low 2700 number.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#2 redfoliage2

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Posted 28 January 2019 - 09:55 AM

It's going to be an island top reversal.  Let's see if SPX dma50 at 2612 can hold this time................


Edited by redfoliage2, 28 January 2019 - 10:00 AM.


#3 zoropb

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Posted 28 January 2019 - 10:22 AM

but with the gap open.  Had it been closed I woud give it more weight.

 

Near 4 levels already but after a pop we should go lower.  Probably 1.5 levels up. 41.50+-


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#4 zoropb

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Posted 28 January 2019 - 10:53 AM

They ddn't quite get there on that pop so probably more to 2xL at 46.50


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#5 zoropb

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Posted 28 January 2019 - 11:50 AM

nope down first did not mess with it looking for long back to 39 after anther dip.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.