Thursday, October 27, 2016

Market Timing Update (10/27/16)

[EOD] Stocks-
SPX is probing the red neckline of a potential HS pattern (Chart 1), for a test of the blue and the pink lines below. If the neckline holds, another upward attempt (Chart 2 pink and green tracking counts) at the overhead resistance (green and pink lines) and the overhead gap in Chart 1 looks probable.



blog comments powered by Disqus