Market Data 
Markets
Replies to post #80027 on Triple 000 and Sub-penny Chart Plays
Friday Update
Posted on December 18, 2015
SHORT TERM: gap down opening, DOW -367
The market gapped down at the opening today,
continuing yesterday’s selloff.
After hitting SPX 2018 at 10:30,
it had a series of waves lower: 2028-2013-2024-2005.
We can now count seven waves down
from Wednesday’s SPX 2077 high.
More on this in the weekend update.
Short term support is at SPX 1993 and the 2070 pivot,
with resistance at the 2019 pivot and SPX 2042.
Short term momentum displays a slight positive divergence.
Best to your weekend!
AI
