3 replies to this topic

[eminimee]

but we may need another low...fwiw...Still thinking C wave though...so another low would be the final low of C....then to new highs.

http://stockcharts.com/c-sc/sc?s=$SPX&p=5&yr=0&mn=0&dy=3&i=p25301834916&a=93322579&r=7510.png

[ogm]

I think so far so good. We just passed the first test of the day. Internals holding up rather well too, and 60 min summations are making a turn. And daily summations are trying to make a turn finaly. Another push upwards and we're there. At the same time put/call is high again.

[hiker]

Tea....thanks for posting this very useful chart. the Monday close at 50% retrace converging with the 200day ema looked last night like an ideal place for a pause in this decline, near-term or for longer. let's see if 1447 major horizontal or lower needs to be tested first. 500k SPY block traded last night in AH at 145.02...looked like a heads-up alert to me to consider being long, and not short...along with above data.

[hiker]

S2 is at 1440 SPX and 13125 for DJIA..would be a good area to test by 10:35 ET...65 min increment from the open