SP500We heve the channel movement, and now we may setup pending sell order to next low line of channel/ divergence of price and RSI confirm signal
SP
Sp 500 found resistance at monthly R1 pivot Sp 500 did the top for this week at monthly R1 2281,76 area as long it say above the monthly pivot 2234,60 area its bullish. If break the monthly R1 look for quarterly R1 2316,31 area and if break monthly pivot 2234,60 going to quarterly pivot 2200,05 area . For now trade monthly pivot and monthly R1.
Major 5th wave.... Alive & kicking !The beginning of the 1st wave of the major 5th - to new all time high
If the 5th wave has started; The first condition is to get a higher high above 1882.10.
That will be 1880.6 on the cash SPX chart
Enjoy my linked chat below aswell.
I gather all my chart at:
Face book WallstScalper
Twitter: @WallStScalper
Stocktwits WallStScalper
Webpage coming shortly
Music at work: Simple Minds Alive and kicking
Youtube:
www.youtube.com
SP-500 We make new high. And we saw a big move down after Fed statement. Most likely we draw the fourth wave. But I think we need to make last high. We were just on top of the bigest attraction, open your eyes and catch the buzz.
Because it is the end of the economic cycle.I believe it will be a long decline.
SP500Yesterday SP1! showed a strong downward movement.
It is now close to the support line. Can go down more ands touch support level, need working with fibonacci.
I still believe SP1! show historical maximum
SP-500 TRUMP vs CLINTONThere is no difference Trump or Clinton.
They are just dolls and the puppeteer is not visible.
"Owners of money" manage market (FED owners)
It is also the main sponsors of presidential elections
And last the Federal Reserve System has only two targets - to keep holding dollar as a the world's reserve currency and to make it stronger
SP-500Go to target - correction level 0.236 of fibbo on the background of the rising_trend. have confirmation by awesome inicator of Williams