vzwjon

vzwjon

GLD needs a pull back here to go higher and on to test the '14 highs around 133 which is the .618 area of the multi-year move lower.

vzwjon

Posting a Doji at resistance on the weekly SPX. If we open Monday below 2870 would look like a shooting star, and might create an interesting next week reversal if we get news over the weekend that takes futures lower. Wont take a position until confirmation.

vzwjon

With some movement in the space could ripple retest May's high after a break out of the falling wedge? Tight spread on the MA's.

vzwjon Updated 

Possible fractal, dropping from daily cloud and 21ma.

vzwjon Updated 

8 under the 21, .gov stuff, and fairly big Jan gap still open. I think we have some room left to the downside. A pull up from the 50 looks like a decent entry point.

vzwjon Updated 

Pattern emerging that would build a nice channel, in the event it plays out. Should turn rather soon into next week or fractal would be invalidated. Sorry about drawing the fib backwards.

vzwjon

Candles slightly smaller, but very similar pattern. If fractal occurs should be lower into early next week.