spx500 MACD rollover time frames and volumes

FX:SPX500   S&P 500 Index
148 1 0
Volume yesterday was comparatively low, and descending, blue arrows, shows lack of commitment to the down turn. However. The shorts did not take profits at yesterday's close, showing their commitment to this downturn at least through this morning's action. Since the entire world news is bad, and markets have joined the descent, something big and good needs to change the momentum. Lots of bulls just standing on the sidelines, sitting on their hands, waiting for just that. If it does NOT come, they will be caught long, and I see a volume sell spike soon. But if we get the good news, bulls will also stand pat on their longs, and say they waited this pullback out. Some may be buying this dip. The DANGER is, what if we descend to the lower TL down this descending wedge , which would inflict major pain to the bulls. And all this while the FED speak simply reinforces a rate hike everytime one of them opens their mouths. I think Yellen gives a gag order, so the markets don't get spooked before Dec 16th announcement. Dec 16th may be the bottom TL touch. Or, in the it could happen department, what if they call a special meeting and raise before that just to get it over with, and stablize the markets.
Red vertical is Nov 20 option expiration, which should be a catalyst to volume. One way or the other.
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