claydoctor
Short

spx500 retests considered

FX:SPX500   S&P 500 Index
68 0 0
We tested the bounce back resistance now twice. They say for the bull to howl again, we need to retest the lows once more before we bounce higher with power, and retest the third time that resistance level and break above. However, of we sink back down to retest the low, and break down, well I don't need to tell you what that means, and OIL             below 40 would prompt that BTW             . And the bull's eye is of course 2PM sept 17th, the FOMC announcement of the rate hike or not, which the entire world and half of the universe is waiting for, AND THE MARKET'S REACTION. I think the key will be do we retest lower to the thin red line or the previous low. IMO             if we retest to the thin line, and bounce, I will believe in that bounce. If we go to the previous lows, not so sure, but think we simply DO NOT BOUNCE, and that level becomes resistance.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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
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