Triple 000 and Sub-penny Chart Plays

[trader53]

S&P 500 - for Wednesday, March 15, 2017


https://caldaro.wordpress.com/

Tuesday Update

Posted on March 14, 2017

____________________________________________________________


LONG TERM: Uptrend

A New Bull Market - Primary III Underway

We are currently expecting SPX 3,000+
in the next 2 to 4 years

____________________________________________________________


MEDIUM TERM Uptrend

SHORT TERM: gap down opening then bounce, DOW -44

____________________________________________________________


The market gapped down at the open today
for the first time since last Monday –
when the market was in the middle of its decline
from SPX 2401 to 2355.

Today’s selling again
should be credited to the decline in Crude,
which started last Wednesday
at $53 and hit $47 today.

At today’s Crude low
the SPX hit 2358,
nearly retracing all of the recent 2355-2377 rally.

With the market not clearing SPX 2377
and instead heading lower,
a rising Nano wave v may not be underway just yet.

The economic activity over the next few days
should clear up the short term count.

Short term support
is at SPX 2353/55 and the 2336 pivot,
with resistance at the 2385 pivot and SPX 2401.

Short term momentum
dropped down to oversold during the decline,
then bounced back to neutral.

Trade what’s in front of you!

S&P 500 - Futures Charts (Hourly)



S&P 500 - Futures Charts (Daily)










































































Since 1929 there have been 13 bull markets
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116564037


http://stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=1&dy=0&id=p83822707561

http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=1&mn=1&dy=0&id=p43140782454

http://finviz.com/futures_charts.ashx?t=ES&p=h1

http://finviz.com/futures_charts.ashx?t=ES&p=d1