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Dr_Roboto

S&P 500 still just testing the upper edge of the down channel

S&P 500 Index (OANDA:SPX500USD)  
Dr_Roboto Updated   
OANDA:SPX500USD   S&P 500 Index
Trend Analysis Chart Patterns Wave Analysis SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY) IVV DJI NASDAQ 100 CFD
9
5
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It is slowly riding down the upper edge of the down channel. Definitely weakening, but I personally can't tell if it is just consolidating or has started correction.

snapshot

Note the red circles and the price action in them.
snapshot

Close up at 3H
snapshot
Comment:
noon rally
snapshot
Comment:
1:22pm
snapshot
Comment:
Wednesday 1:30 update. Well, look at that. Right back into the down channel.
snapshot

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