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rimshot

05/01/20 9:50 AM

#261 RE: rimshot #243

$OEX 1310.01 = one of the prior intraday highs in April
now acting as a potential bull/bear pivot,
with
a prior intraday low at 1305.91 in April not far below
( higher lows pattern in play for several days, since
at least April 6th, & bears must violate this pattern to gain traction )

I have the April highs and lows marked on an
$OEX 5-minute chart

===========

repeat of earlier post from a few days ago,
with chart comments at that time

$OEX daily -

* the bullish case requires a lasting hold above
the RSI-14 60 level which is not taking place,
and bears require a hold below the 40 & 30 levels

http://stockcharts.com/c-sc/sc?s=%24OEX&p=D&yr=0&mn=10&dy=20&i=p19081465758&a=589367470&r=1586708199509

$OEX 1322.19 = the current multi-week high achieved near day's end Friday April 17

$SPX 2879.22 = the current multi-week high achieved near day's end Friday April 17

$OEX 1309.52 = April 23 lower high before today's reversal down

$SPX 2844.90 = April 23 lower high before today's reversal down

$SPX daily -

http://stockcharts.com/c-sc/sc?s=%24SPX&p=D&yr=0&mn=10&dy=20&i=p39194776096&a=589367469&r=1586708460313