Saturday, February 17, 2018 12:19:51 AM
the 21-day sma = today's rejection level
for the intraday bounce by
both SPX and SPY
( Friday February 16, 2018 )
chart #1 -
NYSE Composite index daily chart with SPX and others:
* NYA and TRAN remain below their 50-day sma
chart #2 - NYA weekly closes line chart,
with SPX and others vs. their 20,2 weekly BB:
* FYI - the current price action now resides at an ideal
location to turn down for all these index symbols, and
re-test the February 7 to 9, 2018 intraday lows ... time
will tell ... not a time to be overly confident in your
directional bet, imo
for the intraday bounce by
both SPX and SPY
( Friday February 16, 2018 )
chart #1 -
NYSE Composite index daily chart with SPX and others:
* NYA and TRAN remain below their 50-day sma
chart #2 - NYA weekly closes line chart,
with SPX and others vs. their 20,2 weekly BB:
* FYI - the current price action now resides at an ideal
location to turn down for all these index symbols, and
re-test the February 7 to 9, 2018 intraday lows ... time
will tell ... not a time to be overly confident in your
directional bet, imo
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
