XJO, Gold, MOY and others, page-1214

  1. 3,067 Posts.
    lightbulb Created with Sketch. 27
    SPX
    Weekly chart - hit a resistance line, triple top. major rejection candle. follow though selling next week would confirm a more bearish scenario. sitting on 48 week moving average (yellow line) momentum to the upside has fallen off early red indicators signalling potential or likely change. targeting area just below dec 2018  lows.

    upload_2019-3-9_18-25-22.png

    30 minute chart moving averages crossed. early signs of reversal. if you are a bull best to be nimble  if selling accelerates.

    upload_2019-3-9_18-29-29.png
    Last edited by Newbegining: 09/03/19
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.