[SPX] Reaching the END of Today's Flat RW... Where to NEXT?
Haven't ever noticed a RW this flat on SPX, very interesting Price Action.
Power Hour should be interesting today as this structure concludes right around starting time.
Bulls need a big upward break to 1W ATH close.
Bears would love to see the bottom drop out.
Decision time!
Power Hour should be interesting today as this structure concludes right around starting time.
Bulls need a big upward break to 1W ATH close.
Bears would love to see the bottom drop out.
Decision time!
Not
The 1.5Y Peak Channel top fractal bisects this structure nearly perfectly too. This is the strongest fractal on the map right now so makes sense.Not
Goin for the upward breakout!Not
Climbin strong...Not
Still goin but reaching possible inflection point...Not
Solid reversal fractal taking shape and momentum dying...Not
Looks more like consolidation here for a bigger move up...Not
SPX retesting RW after failed breakout...Not
Things started turning...Not
Lots of indecision right now but should break more decisively by EOD...Not
Losin its mojo...Not
Not lookin great...Not
Sitting at bottom of RW tip!Not
Upward reversal fractal taking shape...Not
Getting busted...Not
Melt down?Not
Lookin like it but that fractal providing some support...Not
Bullish breakout!Not
Confirm that the fractal held support for possible next upwave...Not
upwave lookin great...Not
New overlapping RW structure taking shape...Not
Upwave still lookin great...Not
Reversal fractal trying to take shape but momentum still pretty strong...Not
It's goin for 1W ATH close!Not
Another upwave possibly chasing that SPX action...Not
Oh yea, crushed it...Not
SPX and ES will probably split the difference here and end the day right on the tip of that secondary overlapping RW, leaving us with a literal cliffhanger...Not
Bulls still got it...Not
Watch out for the reversal setup...Not
Right on the edge...Not
Closed in No Man's Land just 6pts shy of 1W ATH close, what a fun action, enjoy the weekend...Not
Ooh, sweet fractal retest...Not
Got a collapse right on our uptrend fractal here...Not
Next upwave should tell us a lot.Not
We got an exact touch on the Megaphone top and another potential topping pattern here...Not
Broke under...Not
Look at that nice breakout on Topping fractal X...Not
Awesome fractal ridin today...Not
Like clockwork...Not
Bouncin between old megaphone lines...Not
Momentum died quite a bit...Not
This upwave lookin weak...Not
Looking pretty damn weak...
Data analyst with a passion for best fit lines B)
Data analyst with a passion for best fit lines B)
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