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Post# of 46542
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jxyzobrien

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jxyzobrien

Re: NASARAVI post# 35988

Tuesday, 09/27/2016 5:52:59 PM

Tuesday, September 27, 2016 5:52:59 PM

Post# of 46542
Area of congestion
Because the bears did not take control we are now in a choppy
area where there are a large no. of trades previously executed. So we could just give back todays gains or start to move towards
spx 2179. This is the 3rd day in a row in this range.

The last range was 8 days then 2 day rally. But we could not
break out of that range and we are now back in.

That big supply candle from September 9th still has not been
burnt off.

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=0&dy=18&id=p13352534276
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