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capri123
6 Th02 2018 22:33

SPX ST - second leg?  

S&P 500 index of US listed sharesFXCM

Mô tả

- the rebounce looks like a flag to me
- should the bull failed to breakout the resistance 2700ish i expect one more leg down and then we will see if there is double bottom can be made which is very bullish afterward?

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- priced failed at 50DMA and i stil expectl a lower leg
- VIX term structure is still backward so market still lure as much BTFD as possible i believe .. when M1>M2 i will keep cautious

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key time ...

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goes as expected. Should market reverse near here or the dive not yet over

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down slope is getting crazy .. probably close

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second leg target reached
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isaac312
Hahaha You are so geneous
capri123
@isaac312, actually i should state the 50DMA resistance ;p
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