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SPX Possible Path for Brief Correction before another Mad Rally
S&P 500 Index
Short
SPX Possible Path for Brief Correction before another Mad Rally
By DaddySawbucks
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Updated
Aug 29, 2018
5
Cheer
Cheer
16
16
Aug 28, 2018
Reached 2903.77; precalled 2903.5 the night prior. Pretty snug fit- right at trendline.
Expect some pullback to fill the gap up from 2875 and possibly to lower S1 support at 2862.
I would be be cautious for Bear Traps, don't get caught in the pivots!
Good luck-
This is not investment advice it's purely an educational post, enjoy!
Aug 29, 2018
Trade closed: stop reached
it's parabolic.... Jan all over again. will break... one day
beartrap
Chart Patterns
DM Pivot Points
Technical Indicators
pullback
retracement
Trend Analysis
DaddySawbucks
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