SPX HOURLY CHART

SPX HOURLY CHART

Timothy Sharp - Mile High Strategies Timothy Sharp - Mile High Strategies

Timothy Sharp - Mile High Strategies

Swing King - creator of the SAR Momentum Trend Swing System.

发布日期: 2017年8月17日
+ 关注

Oh, those trend lines... As you can see from the SPX hourly chart below, the indicator line was able to travel upward to only as far as the DTL, then promptly reversed back into the ST trend, which is down for now... and with the indicator in the -100 range, this is clearly a down trend until it isn't. The indicator line found support at the lowest UTL and a confluence of a latent DTL... this may mean some support tomorrow, though I think we will see additional selling next week. 

Link to SPX hourly chart: https://postimg.org/image/weto4sae1/


要查看或添加评论，请登录

Timothy Sharp - Mile High Strategies的更多文章

  • 33-YEARS AGO TOMORROW
    2020年10月18日

    33-YEARS AGO TOMORROW

    I finished my tour of duty with the USAF in 1985 and moved to the Chicagoland area and later that year began working in…

    1 条评论
  • THE MARKET'S CYCLE MATTERS
    2020年10月11日

    THE MARKET'S CYCLE MATTERS

    Some time ago I found that for the past 100+ years, the US equities markets phase between a bull market cycle that…

    1 条评论
  • SPX DAILY HURST CYCLES UPDATE
    2020年10月8日

    SPX DAILY HURST CYCLES UPDATE

    With all the Covid-19 issues for everyone, including me, with a family of nine, I temporarily put market updates on…

  • Gold Rally Topping
    2020年2月23日

    Gold Rally Topping

    Gold recently enjoyed a nice upward push on the coattails of the Coronavirus virus fears..

  • WHEN AT EXTREMES
    2020年2月22日

    WHEN AT EXTREMES

    The chart below is the SPX daily with standard Bollinger Bands and the 200-DMA..

  • Confluences
    2020年2月16日

    Confluences

    Yesterday I posted the SPX daily chart, showing how the highs into the end of the week pushed upward into the top tine…

  • Wave-e:b:y:2 Appears Complete
    2020年2月16日

    Wave-e:b:y:2 Appears Complete

    SPX DAILY UPDATE Back in January, when the SPX hit the orthodox wave-x:2 high, I forecast a drop of ~340-points, to the…

  • GOING BACK TO THE 2.15.19 MODEL
    2020年2月9日

    GOING BACK TO THE 2.15.19 MODEL

    In December 2018, when the SPX fell downward out of the corrective channel that I anticipated it would follow (above)…

  • NYA 1-year Cumulative Breadth
    2020年2月8日

    NYA 1-year Cumulative Breadth

    Yesterday, I posted a chart of the NYA 1-year cumulative advance/decline line, showing that though the Dow, SPX and NDX…

  • January 2020 IT Top Confirmed in Four Time Frames
    2020年2月2日

    January 2020 IT Top Confirmed in Four Time Frames

    On 1.4.

社区洞察

其他会员也浏览了