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Thursday, May 12, 2022 10:46:08 AM
Swing low for $SPX on the hourly candle after a low at 3877
By: CyclesFan | May 12, 2022
• Swing low for $SPX on the hourly candle after a low at 3877. On Tuesday there was a very bullish hourly candle that wasn't enough to change the trend. Only a close above the 20 hour MA(currently 3991 but dropping every hour) will confirm a bullish reversal on the daily timeframe.
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DiscoverGold
By: CyclesFan | May 12, 2022
• Swing low for $SPX on the hourly candle after a low at 3877. On Tuesday there was a very bullish hourly candle that wasn't enough to change the trend. Only a close above the 20 hour MA(currently 3991 but dropping every hour) will confirm a bullish reversal on the daily timeframe.
Read Full Story »»»
DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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