A navigation system for trading the S&P500 index
Looks like we are hanging onto the support lines, plunge or rally?
No CommentsStill looking for a new low, probably not yet.
Target probably 200 MA and bottom of gray channel at 2015.
No CommentsRecovery but not quite enough for a Buy Signal, perhaps just the new month's money.
Interesting developments in Venezuela could be the start of a bigger problem globally.
No CommentsMay Day !
Failure at 2071 in conjunction with both OSC and T volume oscillators negative.
It looks like the break of the upward rising Gann support line and the expiration of the split centre T structure and the 70 day pulse from the January low have all coincided to initiate a move lower.
No CommentsFailure at 2095 in late trade, and the first break through the long term gann angle.
No CommentsStill hanging onto the support line.
Looks tired but without a catalyst will continue choppy grind higher, especially with the central banks accommodating behaviour and too many bears.
No CommentsHolding onto support, so maybe we get pop and then drop.
No CommentsS&Ps at a critical juncture now and looking like it 'should' roll over now.
But I wonder if too many folks are thinking this and will spoil the party?
OSC looking weak again and T volume dropped below zero. Potential early warning sell signals.
No CommentsIt does seem that the market is running on vapors, and with the expiration of the major arm of the split centred T structure over the next few days, we may see the pullback that everyone seems to expect. OSC still hinting at lower prices too.
No Comments