S&P looks like it will be reversing. By that I mean the recent bottom may have revealed itself.
Bulls will worry about the previous price consolidation that it will be encountering shortly, but there are a lot of good bullish elements to suggest that they will power through.
The dip and recovery at the .5 level on the fib two times in a row should be satisfying...
It's a total mystery for me today. And I'm not looking to get in the hole early on a Monday, so I'm not taking anything I don't understand entirely.
But, for the purpose of learning I think if I drew a trendline under the current extension I could score some points as price look's to find support eventually one might think.
In moments of clarity I have been...
Uncertainty in the market to me spells deeper correction to be wary of.
FOMC announcement 2PM EST Wednesday. Rates expected to stay the same. Look for a bump if those expectations are confirmed.
Alternate title: wouldacouldashoulda.
This is as pretty as it gets.
I had my lines drawn in from the day before, and price started to obey them in that freaky way where it seems too perfect.
I was asleep, so I couldn't play my active strategy, but look at this move! This is what it's all about!
----
Need to cure my lazy disease. Scattered success is nice,...
Bullish overnight but tiny range. biggest range came in
the Nasdaq overnight, and was mostly bullish.
Will look for impulsive breaking above overnight top range.
move below 3946 would take us back to prior day 3926
