DariusChiu
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since Aug 22, 2014
seasonality
supplyanddemand
trendline
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Shows relationship between SPX and Employment Stats. Look for a change in trend between job openings, unemployment, and spx
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Watch for follow through, breaking down from current trend.
1
With follow-through, double cup and handle formation underway
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most likely, pullback to channel bottom (and fib retracement) and rally to complete H&S pattern
2
Downtrend will target next Fib level on lower trendline
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IGT
,
DEither bounce from Fib support back to upper trendline, or fall to next Fib level, targeting Gap Fill
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Short term target 36.00. Could break down past trendline to continue down trend
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