Interesting week behind us with quite some volatile prices. S&P500 closed the week in red and below MA20. The short term pattern has been 3-down , 2-up , 3-down , 2-up and now 3-down. [...]
SPX 4h chart, could be looking at a possible head & shoulders pattern in the forming. Bulls were weaker than I had expected today. If SPX breaks down below that green area (~1390), look at [...]
SPX 15min chart, new high over night and now in resistance area. As long as we do not go above 1410, expect visit of ~1403 (gap close). As long as we stay in that 15min channel, I’m bullish.
Ok, so I decided to go for a blogging system since I don’t have the time to run own server at the moment. This site will now have a much more simple approach but if there is anything that [...]
