SPX INDEX: WILL 14.6% FIBBO LEVEL ACT AS RESISTANCE ???
Comment:
Comment:
Comment:
Comment:
EOD 13/04/2016 S&P 500 US
I have to change the wave count as SP rallied above 2075 & following are the changes I made & now expecting the target area for rally to be 2091.
See chart at :
amgonifty.wordpress....sp-500-eod-13042016/
I have to change the wave count as SP rallied above 2075 & following are the changes I made & now expecting the target area for rally to be 2091.
See chart at :
amgonifty.wordpress....sp-500-eod-13042016/
Comment:
Comment:
SPX EOD 15/04/2016
RSI DIVERGENCE IS SEEN ON MID TERM CHART. PLEASE SEE THE DETAIL REPORT ON
amgonifty.wordpress....sp-500-eod-15042016/
RSI DIVERGENCE IS SEEN ON MID TERM CHART. PLEASE SEE THE DETAIL REPORT ON
amgonifty.wordpress....sp-500-eod-15042016/
Comment:
SPX EOD 18/04/2016 S&P 500 US
On the trading day of 18/04/2016 after initial decline till 2073, index bounce & violated mystop loss 2088 & thus it proves that my earlier minor wave counts were totally wrong. Index made new high 2095 almost & so following are the best possible wave counts now & resistances are shown on the chart
PLEASE SEE CHART AT amgonifty.wordpress..../sp500-eod-18042016/
On the trading day of 18/04/2016 after initial decline till 2073, index bounce & violated mystop loss 2088 & thus it proves that my earlier minor wave counts were totally wrong. Index made new high 2095 almost & so following are the best possible wave counts now & resistances are shown on the chart
PLEASE SEE CHART AT amgonifty.wordpress..../sp500-eod-18042016/
Comment:
SPX EOD 18/04/2016 S&P 500 US
For detail chart please visit:
amgonifty.wordpress....sp-500-eod-19042016/
On the trading day of 19/04/2016 index bounced up to our first resistance level 2104 & then declined till 2091 & then again bounce till fibbo level 78.6% 2101 & then consolidate for the rest of the day to close at 2100.
So now if this 2104 high holds as a resistance then index retracement on down side probabilities are high.
So let us see what happens in coming few trading sessions.
For detail chart please visit:
amgonifty.wordpress....sp-500-eod-19042016/
On the trading day of 19/04/2016 index bounced up to our first resistance level 2104 & then declined till 2091 & then again bounce till fibbo level 78.6% 2101 & then consolidate for the rest of the day to close at 2100.
So now if this 2104 high holds as a resistance then index retracement on down side probabilities are high.
So let us see what happens in coming few trading sessions.
Comment:
SPX: EOD 22/04/2016
TILL SPX AGAIN CROSSES 2111 I THINK BEARISH OPTION IS OPEN.
SEE THE CHARTS AT amgonifty.wordpress....sp-500-eod-22042016/
TILL SPX AGAIN CROSSES 2111 I THINK BEARISH OPTION IS OPEN.
SEE THE CHARTS AT amgonifty.wordpress....sp-500-eod-22042016/
amgonifty.wordpress..../sp-us-eod-01042016/