Replies to post #687 on Chart Ideas

[rimshot]

Market Snapshot for February 5, 2019 close -

Dow 25411.52 +172.15 (0.68%)
Nasdaq 7402.09 +54.55 (0.74%)
SP 500 2737.66 +12.83 (0.47%)
10-yr Note +6/32 2.700
NYSE Adv 1789 Dec 1074 Vol 842.3 mln
Nasdaq Adv 1679 Dec 1347 Vol 2.2 bln

briefing.com market wrap for day's close & the mention
of the $SPX approach from below of the 200-day simple
moving average -

https://www.briefing.com/investor/markets/stock-market-update/2019/2/5/stocks-close-near-highs-s-and-p-500-flirts-with-200day-moving-average.htm

$NYSI rests at the +820 level on February 5th -

http://stockcharts.com/h-sc/ui?s=%24NYSI&p=D&st=2013-01-01&id=p0895347219c&a=382915264

[rimshot]

Larry Tomlinson
@mrktlarry
11 hours ago

2/6

Daily resistance 2742/2746
support 2733/2730.

A minor wave four is due at any time now.

10 hours ago

window targets 2670 to 2620 for a wave 4 correction

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Bespoke
@bespokeinvest
4 hours ago

S&P 500 may be having trouble getting above 200-DMA,
but the equal-weighted version closed above its 200-DMA yesterday. $RSP $SPY



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FuturesTrader71
@FuturesTrader71
3 hours ago

/ES_F put in an inside day and balanced on top
of yday's balance.
Entire range was put in during 1st hour of pit session.
Expecting a breakout tomorrow.
Remember 2735.25 is a big balance area so no surprises here.

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/ES chart by eminiwizard updated early a.m. February 6th -



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Sam Stovall
@StovallCFRA
11 hours ago

The S&P 500’s gain of 7.9% in January was good enough to rank
it in the top five Januaries since WWII,
and well above the 1.1% average gain for all Januaries

Also, all 11 sectors in the S&P Composite 1500
rose in price,
led by energy, industrials and real estate,
while the laggards included the defensive consumer staples, health care and utilities groups

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"How bullish is it when $SPX is positive in BOTH January and February of the same year? Ridiculously Bullish."