3030 now doable...it would be a 200 ema touch and daily gap fill. It looked unprobable a few days ago, now it's my first option. Then a drop....
spx
Started by
andr99
, May 09 2020 02:48 AM
4 replies to this topic
#1
andr99
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Posted 09 May 2020 - 02:48 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
andr99
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Posted 09 May 2020 - 02:50 AM
....only my point of view
forever and only a V-E-N-E-T-K-E-N - langbard
#3
K Wave
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Posted 09 May 2020 - 09:45 AM
Am using SOX 1740 now as the warning trigger.
Big divergence between NDX and SOX became readily apparent last week. And that is likely the "en guard"
SOX may make a slightly higher high as SPX comes into that target zone, but NDX may go even higher than 9400 now...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
tommyt
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Posted 10 May 2020 - 08:01 PM
Curious how you get an SPX 200d MA of 3030? Its 3002, and yes it is a magnet pulling price up to it.
https://stockcharts....id=p56143404121
#5
andr99
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Posted 11 May 2020 - 02:10 AM
Curious how you get an SPX 200d MA of 3030? Its 3002, and yes it is a magnet pulling price up to it.
3030 is slightly above the 200 ema, but it's a gap fill with regards to the close of 03/05/2020 and it's a line of static resistance which pushed down prices in July 2019 and September 2019
Edited by andr99, 11 May 2020 - 02:12 AM.
forever and only a V-E-N-E-T-K-E-N - langbard
