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S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,442.00
(
2.14%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
82.77
(
0.00%
)
Bitcoin
62,744.82
(
-0.23%
)
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TREND1

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Re: None

Thursday, 02/02/2017 9:28:47 PM

Thursday, February 02, 2017 9:28:47 PM

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2/2 Ultra-Short-Term Indicators: Nothing interesting on these indicators. The Bollinger Bands are getting even tighter so penetrations of the top or bottom have less significance in my opinion. It's just too easy for them to spread out within the bands with little volatility.



Conclusion: Indicators are leaning bearish in all time frames. The bearish wedge should execute soon. If it does look for support at $223 and $217 for the SPY.

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

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