Saturday, December 05, 2015 1:04:13 PM
12/05/15 SPX weekend
review
- 11/22/15 SPX weekend
- in case reversal takes place before 2103, (Edit: 2104.27)
- then gives weight for "jogging" within two possible trend lines
- 11/28/15 SPX weekend
- chart http://forexrainbow.com/images/59940511716272688535.jpg
- As long as index stays above 2069.93 (zone 1 2069.93-2130.46), bulls gain the upper hand.
Status & Outlook
- 12/05/15 SPX weekend
- As long as index stays above 2069.93 the larger uptrend remains intact
- index remains "jogging" within two possible trend lines
- with upper resistance 2103 +/-, lower support 2054 +/-
- wait for trend-lines breakout to zoom in the possible Fibonacci points.
review
- 11/22/15 SPX weekend
- in case reversal takes place before 2103, (Edit: 2104.27)
- then gives weight for "jogging" within two possible trend lines
- 11/28/15 SPX weekend
- chart http://forexrainbow.com/images/59940511716272688535.jpg
- As long as index stays above 2069.93 (zone 1 2069.93-2130.46), bulls gain the upper hand.
Status & Outlook
- 12/05/15 SPX weekend
- As long as index stays above 2069.93 the larger uptrend remains intact
- index remains "jogging" within two possible trend lines
- with upper resistance 2103 +/-, lower support 2054 +/-
- wait for trend-lines breakout to zoom in the possible Fibonacci points.
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