Replies to post #3226 on 123Tom's TA study group

[Citrati]

The question for me is what will the SPX do?
This chart on the monthly shows it has stalled at R-1. Weekly shows barely hanging on to S-2 and testing S-3. Daily shows stuck under P-pivot.
If these hold up then market should turn down soon. Today, Monday?
These are not my charts. https://www.tradingview.com/x/LUDazRG3/
So for me, not a buyer of anything I think is market sensitive.
I switched from AEL to CEMP as the chart on CEMP has more momentum IMO.
Ready to jump quickly.
Keep up the good work. Much appreciated. A real asset to trading boards.
I continue to trade in profit preservation mode. CRBP has been a good one with an easy chart to read.
Ace, the trader I have mentioned before took profits on his PYPL calls yesterday. We will see soon if he was right.
Wish you much green.