Short Term Pattern in play on the 30 Minute S+P 500 Chart
reveals the "potential" for a bearish Head and Shoulder's" REVERSAL
Short Term Pattern Support is clearly at the April 6 low, 4069.84.
You can see the obvious upside breakout
occurring in the KST Indicator ( Shown Here),
so any bearish breakdown would be a considered a "counter trend" move
in the opposite direction,were it to occur at this time
That makes figuring out the next short-term move in the market,..
difficult at best.
There is little defining price direction, a trend that continues from last week.
SPX NOON OPEN 4082.58
THE_UNWIND
WOODS OF CONNECTICUT
reveals the "potential" for a bearish Head and Shoulder's" REVERSAL
Short Term Pattern Support is clearly at the April 6 low, 4069.84.
You can see the obvious upside breakout
occurring in the KST Indicator ( Shown Here),
so any bearish breakdown would be a considered a "counter trend" move
in the opposite direction,were it to occur at this time
That makes figuring out the next short-term move in the market,..
difficult at best.
There is little defining price direction, a trend that continues from last week.
SPX NOON OPEN 4082.58
THE_UNWIND
WOODS OF CONNECTICUT