Here is my technical breakdown of SPX on the 4 HOUR time frame... We started the month of May with an up-trend trend line bounce on a key support level which saw SPX climb slightly passed the support zone to surpass another key zone After this climb, we saw it accumulating in a RANGE from 14th May - 29th May, where it eventually broke to the downside. Normally...
beautiful! continuation takes us to red area, re testing previous bullish breakout.
if diamond plays out to the down side, look towards re test of breakout towards red
Let me know in the comments your opinion about this long chart
Big rising wedge with bearish div, entry 2784 and 2802 targets at the chart good luck
Up a ridiculous amount barely beating estimates. With the lack of liquidity in the market, this should head right back down to low $40's by next earnings. There is a chance it can reach ATH before tanking though I doubt it.
SMP looking nice breakdown short setup. All the moving averages clustering beneath it. If it continues it break, it has long way to go. On the option side we would consider $50 September puts * Trade Criteria * Date First Found- May 22, 2017 Pattern/Why-Downward momentum short Entry Target Criteria- Break of $48.33 Exit Target Criteria- $44.13 7 lower Stop...