DaddySawbucks

Sand P Consolidating near lower trendline: May break up

DaddySawbucks 업데이트됨   
SP:SPX   S&P 500 인덱스
Chance the bull will continue soon look how it grinds along the trendline. Dangerous place to short in my humble opine. Just sayin. Good luck!

This post purely educational not advice. Trade at your own risk!
액티브 트레이드:
Just noticed a descending wedge 26-28 Sep approaching the line; if no break down then will likely break up from the wedge. Building support and consolidating in range 2905 - 2915. A break below range to lower support around 2880 would signal buy.
액티브 트레이드:
Bearish price action, weak RSI, exhaustion gap; failed to hold above prior closing high, failed to surpass prior intraday high 2940, pull back from 2936 on 10/01, formed a double top.

A break below channel lower trendline will confirm correction ongoing. Note that the double top is well below upper channel trendline- earmarks of rally failure.
액티브 트레이드:
iT'S FORMED AN EXPANDED FLAT CRAWLING ALONG THE TRENDLINE! TO BREAK ^
주문취소됨:
Gosh...
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