markrivest
Short

Rare and bearish pattern for the SPX

TVC:SPX   The Standard&Poor's Index
150 3 4
Today 10/5/16 the SPX             may have completed a Running Flat labeled as wave (II). In an Expanding Flat wave "C" exceeds the termination point of wave "A". In Running Flats wave "C" fails to exceed the termination point of wave "A".
This pattern is rare and very bearish , it implies a very sharp decline in the SPX             is imminent.

Mark
.43%? 10.54 down?
Reply
markrivest flrtrader
Hi flrtrader

When ever a stock or index symbol is in the post commentary section the Trade View site automatically places next to the symbol what the stock or index did on the prior trading day which in this case was up .43%.

Mark
Reply
Agreed. Also seeing the bottom channel trend line since 9/13 has been broken, and is now acting as resistance. Waiting for a bearish candle to enter TVIX and SQQQ.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out