FX:SPX500   S&P 500 Index
157 2 5
Much of the recent rally has stemmed from soothing assurances from central banks and short covering.

I suspect most of the shorts were wiped out at 2072 ish             , the highest retracement level during regular trading hours following announcement of the results of the British referendum.

In recent weeks, the market has been using Fib extensions of recent extremes to chart its course. The last high during RTH             was 2113 while the last low was 1992 ( 121 points ) suggesting the market will first target 2141, a 1.23 Fib extension off the recent lows.

Much as in 1957 and 2000 to 2002, the market has spent over a year attempting to break through 2135. If it breaks through its likely a game changer; if it does not, and it fails ( 2128 ) we should expect a decent retracement to, possibly, 2043.
Medium-term chart is mostly green. Last 3 candles are big greens. The 3 big red candles (25-27) are post-brexit, self-explanatory Looks like simple portfolio re-balancing, from post-brexit.
They bought stocks, and sold bonds. Thinking a big Green on Tuesday.

What are the three yellow circles on the 20th? Know that's a bear pin-bar. But why 3 circles, not 1 circle? What is the yellow color?
Those are not pin bar markings, simply idea references
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out