[SPX] Reaching the END of Today's Flat RW... Where to NEXT?
Updated
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!
Comment
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.Comment
Goin for the upward breakout!Comment
Climbin strong...Comment
Still goin but reaching possible inflection point...Comment
Solid reversal fractal taking shape and momentum dying...Comment
Looks more like consolidation here for a bigger move up...Comment
SPX retesting RW after failed breakout...Comment
Things started turning...Comment
Lots of indecision right now but should break more decisively by EOD...Comment
Losin its mojo...Comment
Not lookin great...Comment
Sitting at bottom of RW tip!Comment
Upward reversal fractal taking shape...Comment
Getting busted...Comment
Melt down?Comment
Lookin like it but that fractal providing some support...Comment
Bullish breakout!Comment
Confirm that the fractal held support for possible next upwave...Comment
upwave lookin great...Comment
New overlapping RW structure taking shape...Comment
Upwave still lookin great...Comment
Reversal fractal trying to take shape but momentum still pretty strong...Comment
It's goin for 1W ATH close!Comment
Another upwave possibly chasing that SPX action...Comment
Oh yea, crushed it...Comment
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...Comment
Bulls still got it...Comment
Watch out for the reversal setup...Comment
Right on the edge...Comment
Closed in No Man's Land just 6pts shy of 1W ATH close, what a fun action, enjoy the weekend...Comment
Ooh, sweet fractal retest...Comment
Got a collapse right on our uptrend fractal here...Comment
Next upwave should tell us a lot.Comment
We got an exact touch on the Megaphone top and another potential topping pattern here...Comment
Broke under...Comment
Look at that nice breakout on Topping fractal X...Comment
Awesome fractal ridin today...Comment
Like clockwork...Comment
Bouncin between old megaphone lines...Comment
Momentum died quite a bit...Comment
This upwave lookin weak...Comment
Looking pretty damn weak...
Data analyst with a passion for best fit lines B)
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