Note this mornings chart rollover" from 4134,
the support area for the S+P 500 that I have been telling you about proprietarily
seen here on the 15 Minute Chart.
"Confirmation Signal" of the short term SPX drop is seen
in the "Bearish Crossover "of the KST Indicator,
which has also topped "below a previous top"and now has rolled over to confirm.
(Note the KST Chart Rollover Shown Here)
I am looking at the April 13,2023 Low of 4099.40,
as "very important chart support" right now.
A break below this area of "institutional big money" support AKA 4100
invites a re-test of 4086.94, the April 12,2023 Low
and below that, 4069.84, the April 6 "Monthly Low "
Caution should be observed on a price break of 4100, on the close today.
SPX1045 AM OPEN 4105.33
THE_UNWIND
WOODS OF CONNECTICUT
the support area for the S+P 500 that I have been telling you about proprietarily
seen here on the 15 Minute Chart.
"Confirmation Signal" of the short term SPX drop is seen
in the "Bearish Crossover "of the KST Indicator,
which has also topped "below a previous top"and now has rolled over to confirm.
(Note the KST Chart Rollover Shown Here)
I am looking at the April 13,2023 Low of 4099.40,
as "very important chart support" right now.
A break below this area of "institutional big money" support AKA 4100
invites a re-test of 4086.94, the April 12,2023 Low
and below that, 4069.84, the April 6 "Monthly Low "
Caution should be observed on a price break of 4100, on the close today.
SPX1045 AM OPEN 4105.33
THE_UNWIND
WOODS OF CONNECTICUT