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Re: rimshot post# 19674

Tuesday, 04/17/2018 9:25:01 AM

Tuesday, April 17, 2018 9:25:01 AM

Post# of 41073
2699.30 = SPX 100-day sma at Monday's close

2690.16 = the SPX level bulls must surpass on a
lasting basis, OR this upside is not going to
last

see the "reply to post" for chart

chart #1 -

I like this /ES emini chart by eminiwizard:



chart #2 - after this SPY gap fill progresses, the bulls
want
to see the daily PPO actually hold above its
zero line for a period of days
OR
price will likely not hold this upside

chart by Arthur Hill -



chart #3 -

SPY 270.19 = horizontal resistance immediately above today's pre-market SPY high of 269.44

SPY 270.43 = 1st gap fill level from the daily chart shown
on this weekly chart ... bulls still have much
to prove based on all the weekly chart elements
, so vigilance time whether a near-term bull or bear



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