Friday, March 6, 2015

SPX 2 hr and very short term 1 min

$SPX - Chart Link - I drew some Fibs and a pattern measurement on for the H&S

$SPX - Chart Link - on the 1 min, very short term chart, there is some positive div here but any bounce should be just a bounce, if you had a trigger keep it very short term, the better bounce place would be for SPX to first break symmetry on a bounce, then buy the higher low, which of course has yet to occur or see any bounce yet, though very short term it's getting a bit stretched and probably close to some sort of mean reversion bounce sometime soon

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