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S&P 500
5,732.93
(
0.25%
)
US TECH 100
19,355.20
(
-0.31%
)
Dow Jones
42,208.22
(
0.20%
)
Brent Oil
74.41
(
-0.21%
)
Bitcoin
63,838.99
(
-0.67%
)
Post# of 28985
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dabonenose

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dabonenose

Re: vlispxpert post# 19514

Tuesday, 05/22/2018 9:21:34 AM

Tuesday, May 22, 2018 9:21:34 AM

Post# of 28985
The talking heads have been starting to broadcast bullishness lately.
The nearterm bottom was put in on the NAZZY and NYSE in Early April and have worked their way higher.

The S/P 500 weekly shows alot more growth in store, but remember, the chart is the weekly and the summations are based on the daily. IMO, we could see several peaks and troughs in the summations while the S/P weekly works higher towards previous highs.

That being said,,, the summations are moving into the 80 zone on the RSI and a reading of 90 area is lofty and portends a shortterm reversal is knocking at the door.

All IMO.

NASI
http://stockcharts.com/h-sc/ui?s=%24NASI&p=D&yr=1&mn=0&dy=0&id=p32098005733

NYSI
http://schrts.co/bKGZyL

S/P 500
http://schrts.co/R4ex3P
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