cerealpatterns

bullish vs bearish conditions for spx

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cerealpatterns Updated   
SP:SPX   S&P 500 Index
spx could have bull or bear technical numbers on my chart depending on the path these indicators take. if they go up with the price thats bullish, and if they move lower with the price thats bearish. im bearish on touches of the upper levels marked out as the index rises or breaks of lower levels while it sinks, and im bullish on support from lower levels or breaks of higher levels if the index bounces. pivot around low anchored vwap. anchor vwap to top for dips, and bottom for rips.
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