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Replies to #686 on Chart Ideas

rimshot

02/05/19 12:19 PM

#687 RE: rimshot #686

Larry Tomlinson
@mrktlarry
3 hours ago

February 5, 2019

Daily resistance 2733/2739
support 2717/2711.

Next Fibonacci window at 2732 to 2747.
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what is new in today's February 5th equity price action is that

S&P 100 - $OEX - now above the 100-day sma
S&P 500 Equally Weighted index - $SPXEW - now above 100 dsma

joining others which have recently advanced
above the 100-day simple moving average

SPY
QQQ
S&P 1500
NYSE Composite index
Nasdaq Composite index
Dow Jones Industrials Average
S&P 400 Mid Cap index

Banking index - $BKX and the S&P 600 Small Cap index has
not yet surpassed the 100-day simple moving average