Chart Patterns and TA

[gfp927z]

Flex trading strategy -

Just thinking out loud here, but I'm hoping the S+P 500 retraces back down to at least 4350 as the first potential re-entry point for Flex. 4280-4300 would be better, but will see how things go next week.

Below that is the breakout level of 4200 and the rising 50 MA, so that area (4200) is key support, or the broader 4150-4200 band, or even broader 4050-4150 zone. But more likely a small pullback and then more buoyancy, but time will tell.



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