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Re: None

Wednesday, 10/17/2018 9:55:24 AM

Wednesday, October 17, 2018 9:55:24 AM

Post# of 368
$103 S&P 500 points bounce distance to the
October 16, 2018 intraday high, from the low
printed in the 1st half of October 2018

chart #1

$SPX 120-minute chart with the US Oil and the US Dollar -



chart #2

$SPX daily

* the 100-day simple moving average remains above the bounce high, at this moment



chart #3

SPY weekly

* SPY 21-week sma and 21-week ema are currently acting
as resistance, and the intermediate-term bullish case
depends on a lasting advance which holds above these moving
averages

* $284.11 = current value of the 15-week sma which must be
surpassed on a lasting basis to be confident
the attempt to advance from the current October low
has probable staying power

** the 50-week ema contained the October intraday low
AND
the 15,2 weekly lower Bollinger band acted as near-term support because Friday closed above the lower BB


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