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Monday, 10/22/2018 11:01:22 AM

Monday, October 22, 2018 11:01:22 AM

Post# of 41062
The RUT and NYSE have hit the Monthly 20MA's which is the targets...The NASDAQ, DOW and SPX have hit their Monthly 10EMA's which is their targets...So need to see if these MA's will act as support on the first hits...Time will tell..Usually we get a bounce on the first kiss of the Monthly 10EMA's...Possibly head on down to the Monthly 50MA's before we get a better bottom???


The SPX Monthly 50MA is now at 2304 which is also the Bottom BB...Both will update a little higher at the First of November...Guess we see..



https://stockcharts.com/h-sc/ui?s=$SPX&p=M&yr=20&mn=6&dy=0&id=p94605518241&a=337063888&listNum=9#

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