SPX's lines in the sand for new ATH and a trough behind us !!!
1/ 101 Sloping down trend line resistance
2/ 101 Previous high resistance
3. 101 50D MA resistance
Clearing these = We are with higher probabilities
have a banded the bearish scenario a bullish one
with a new ATH in coming weeks/days.
Not clearing these three we go back and break out last low !!!
2/ 101 Previous high resistance
3. 101 50D MA resistance
Clearing these = We are with higher probabilities
have a banded the bearish scenario a bullish one
with a new ATH in coming weeks/days.
Not clearing these three we go back and break out last low !!!
Comment:
Hmmmmmmmmm !!! Rejectionnnnnnnnnnnnnnnnnn !!!
Comment:
finished 1st obstacle , we need to pass the 2ed !!!
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****** Past performance is no guarantee of future results***
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****** Past performance is no guarantee of future results***
twitter.com/samitrading1