I rarely break protocol of intermediate trend
but my charts are demanding that I do so this afternoon.
Sell a Conclusive Break of 2640
It should give you yesterday's low of 2621
OF IMPORTANT NOTE;
IF S+P 500 breaks 2621 weekly low this afternoon 12/7,
then pattern would be a "One Day Reversal"
trading higher,,to 2709,
and then breaking yesterdays low,2621
would be about as bearish can be !
Could then target 88 points lower ..to the 2018 low at 2532 !
My own proprietary chart analysis.
SPX 2641.50 Last
THE_UNWIND
12/7/18 155pm
NEW YORK
but my charts are demanding that I do so this afternoon.
Sell a Conclusive Break of 2640
It should give you yesterday's low of 2621
OF IMPORTANT NOTE;
IF S+P 500 breaks 2621 weekly low this afternoon 12/7,
then pattern would be a "One Day Reversal"
trading higher,,to 2709,
and then breaking yesterdays low,2621
would be about as bearish can be !
Could then target 88 points lower ..to the 2018 low at 2532 !
My own proprietary chart analysis.
SPX 2641.50 Last
THE_UNWIND
12/7/18 155pm
NEW YORK