SPX continues to trend after failing to break resistance at $4200 (floor of H&S market top) - 4 touches on my count.
- Environment: Support for banks tricking folk into thinking there is QE. Analysts with Bearish scenarios are being shot down by critics.
Waiting for this market to make a decision - Value is to the downside, Bearflag TP would support the following targets - first stop $3300. TA at key Fib @2900, Stretch, $2800
Best, Hard Forky
Short Top
- Environment: Support for banks tricking folk into thinking there is QE. Analysts with Bearish scenarios are being shot down by critics.
Waiting for this market to make a decision - Value is to the downside, Bearflag TP would support the following targets - first stop $3300. TA at key Fib @2900, Stretch, $2800
Best, Hard Forky
Short Top
Comment:
Support held. Back up to resistance.
Comment:
slight break of resistance
Comment:
possible 4320
Comment:
4320 almost hit
Comment:
4320 just hit