Quantum_Maryland_Capital

$SPX: Possible Bearish Harmonic Underway

CME_MINI:ESU2016   S&P 500 E-MINI FUTURES
72 0 3
Over the weekend, I suggested we might go higher providing a number of conditions were met. So far, they have not been satisfied particularly a strong showing above 2177.

Meanwhile, the market has formed a short term bearish wedge and inside the wedge an Alternate Bat may be forming which needs to reach point D..........on or ever so slightly above the trend..........to complete a harmonic with decent ratios.

This is not a call but more of something to be aware of as Fed minutes remain a wild card. This is a futures chart so add about 6 points to get to $SPX             pricing.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out