Thursday, May 22, 2014 12:19:25 PM
S&P 500 - 15 Min Chart
For anyone who's interested, here's the S&P and where it stands on a 15 Min Chart. As I've noted before, IMO the markets seem to be at a crossroads.
Something to watch and think about, for the next day or two. Typically speaking, IMO and in the way that I read charts at least, this looks to be a fade away for the rest of today, unless more volume comes in to pop it stronger. So, if unsure of taking any profits, I always watch the overall markets to see if there's room to move.
For anyone who's interested, here's the S&P and where it stands on a 15 Min Chart. As I've noted before, IMO the markets seem to be at a crossroads.
Something to watch and think about, for the next day or two. Typically speaking, IMO and in the way that I read charts at least, this looks to be a fade away for the rest of today, unless more volume comes in to pop it stronger. So, if unsure of taking any profits, I always watch the overall markets to see if there's room to move.
These thoughts are just mine, not right, not wrong, just thoughts. Invest in what you believe in, not what I believe in. Do your research, and invest in the facts.
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