forker
Short

SPX500 - Thin Air...very thin!

FX:SPX500   S&P 500 index of US listed shares
Not just because it ran up like hell, but because
it has physically reached the extreme at the
U-MLH (black).

Don't get me wrong!
Markets can run to 10ths of extremese. But in
most of the time we deal with the standards.

What else do we have:
- resistance zone
- Action/Reaction reached
- reversal Bar
...and all in all: Confluence, created by the facts.

Let's observe and learn....

P!
Nice chart!
Reply
forker PRO AleksanderThor
Thank you AleksanderThor.

I see at your place, that you use A&R, the Forks and Butterflys.
Did you found something in common with the BF's & the A&R?

Cheers.
Reply
Yes I use the combination of Fork and Patterns to create an "Energy point" where different tools lign up, which increase the probability! :)
+1 Reply
HEre is another perspective
snapshot
Reply
Touch down again!! great chart forker, already a reaction as predicted.....
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