SPX500

https://www.tradingview.com/chart/qViFNgKU/

watching ......

Comment:

Just a observation: the trend line still hasn't broken yet.

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Comment:

The trend has officially been broken today.

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Comment:

Just update the chart.
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Comment:

Testing the trend line.

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Comment:

It would be nice to test 2526 - 2532 level before the weekend.
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Comment:

It looks indecisive for now.
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Comment:

Another ATH was recorded today. It looks like spx could go up a bit or could range between 2540 and 2585.
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Comment:

Today's close was about 10 pts lower than the one on Friday. The last trading day in Oct is tomorrow.
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The ATH hasn't been taken out. Let's see how it starts a new month.
s3.amazonaws.com/tra...shots/w/WBsA7CDq.png

Comment:

Although it opened high today, cooling down was seen afterwards. The trend line holds by far.
s3.amazonaws.com/tra...shots/u/uUDcpVwx.png

Comment:

The daily doji doesn't tell too much. AAPL will release the earnings. Let's keep a close eye on it.

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Comment:

AAPL earnings beat the expectation and SPX resumes the bullish trend.

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Comment:

ATH again.

s3.amazonaws.com/tra...shots/e/eMoIkzug.png

Comment:

the trend remains unchanged

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Comment:

Just an observation: the daily bar with an lower shadow.
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Comment:

The drawback of tax bill made the markets moving down. The daily doji candle shows a pause. Again, the trend has not been changed yet.

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Comment:

Two red candles are next to each other. We haven't seen this pattern for a few weeks. But the Friday candle closed above the blue trend line.
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Comment:

It still hasn't broken Friday's range in a chop mode.

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Comment:

It's been cooled down. 2560s becomes crucial now. If it's broken, we could see 2540s. Otherwise, it would go all the way to another new ATH.

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Comment:

The correction is getting deeper.....

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Comment:

Another doji day.....

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Comment:

It managed to close below Friday high. Likely, spx would be ranging before the holiday Thursday.
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Comment:

We got ATH again before Thanksgiving. Potentially, there would be a cool down approaching the month end/start. Expect it would higher than 2600s around Xmas.
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Comment:

Expect to see 261x before spx moving up.

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Comment:

Feb low would be tested again? Shall see.....
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Comment:

The year-long trend line has been challenged. Could it be a solid support? We shall see...
s3.amazonaws.com/tra...shots/j/j4WlPkT8.png

Comment:

The monthly bullish trend remains unchanged.
s3.amazonaws.com/tra...shots/y/YQTKyFtA.png