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Thursday, November 03, 2016 8:46:05 PM
SPX daily, RUT 1 hr: The three indicators below the SPX chart are all at bottom levels, RSI, 5,1 and 14,3,3 sto.
RUT is at the absolute lowest before trashing my chart, the top black fork base anchor is at the previous low and the ML is right at 1297 which is 1 point above the existing high and what we need to make the family happy. However there's still a chance if we start up tomorrow. The pink diagonal is the same as the last V bottom and would have us top by the 18th which is options ex week and there's a ton of puts out there now.
RUT is at the absolute lowest before trashing my chart, the top black fork base anchor is at the previous low and the ML is right at 1297 which is 1 point above the existing high and what we need to make the family happy. However there's still a chance if we start up tomorrow. The pink diagonal is the same as the last V bottom and would have us top by the 18th which is options ex week and there's a ton of puts out there now.
if it looks right it is right
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