Replies to post #15932 on CHARTS_CCI_SYSTEM

[dindindon]

10/22/15 SPX fight tooth and nail

review:

10/08/15 "The combat zone" 1944.65 - 2047.41
10/21/15 closed below 2019 marginally (2018.94), still no (short) action, ....

status:

session high 2045.42, Ongoing
bull is breaching 2047.41

(1) Local wave extensions

2046.09 2046.03
2047.83
2057.60 2059.08

(2) 200SMA 2060.79 (as of 10/22 Stockcharts 2059.98)

(3) Open Mouth scheduled meetings: October 27-28, December 15-16

[dindindon]

10/22/15 SPX after close

- SPX bounces off support 2019, see chart.
- session high 2055.20
- Uses recent high low (2134.72-1867.01)
- maps out strong resistance 2056.28 (0.707)- 2071.54 (0.764).
- long term pivot 2069.93, see chart.

Used in chart


old chart 04/12/15
http://www.chartupload.com/images/92934905752883179443.jpg