Replies to post #44257 on Short Term Trading Member Forum

[Chuck703VA]

I agree, wonder if that's an indicator???

[techcharter]

Bounce May Be Over

The SPX futures closed the gap down at Thursday's open. The double zigzag looks complete. The futures topped out at 1089, slightly less than a 33% retracement of Wednesday and Thursday's selloff. Wait for more reliable set-up / pattern before taking a position long or short.