S&P 500 - Same corrective pattern as Sept?

Dr_Roboto의

업데이트됨

I am watching to see if we repeat the same corrective pattern as Sept.

Today at 1h

Sept at 1h

Also note that there is a very clear S/R region right where we open this morning.

노트

11:36am update.

노트

2:43pm

노트

end of day

노트

7pm

노트

Tuesday morning update. Looks like in overnight trading the S&P broke above the resistance trend line. This may be a good bullish sign. However, if this is a local peak, then it is still a lower high than last week, so that is bearish. The other bearish sign is the 1.5 extension to this point. I would hope to see a 1.618 or higher extension to call this a bullish wave.

노트

10:56am and bulls in charge today

노트

bulls still going strong at 12:26pm

노트

End of day. Broke through resistance lines, but the orange channel provide a stopping point at the end of the day. Fell back inside and a candle testing it as resistance.