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SPX WEEKLY - Still Bullish? Yes, quite. On a 2 year chart we see that the SPX formed an uptrend channel, and when it got a bit overenthusiastic ( over throw), it immediately sold off and closed back inside. Currently it has closed outside (above) that channel. This can create a steeper incline if it doesn't close back inside next week.
That can lead to more of a parabolic move, and...
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Alex - Chart Freak2017-12-02 23:05:412017-12-02 23:05:41Weekend Dec 2Friday is the last trading day of the week, so let's just look at a couple of the important things and some possible buy opportunities.
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Alex - Chart Freak2017-12-01 11:44:532017-12-01 11:44:53Dec 1- Buy Day FridayWell, the markets decided not to run together again, so let's take a look at the recent changes.
SPX - The SPX stalled and had a heavy volume doji candle stick. This is often a top or point of indecision...
I want to remind readers of something that I wrote the other day...
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Alex - Chart Freak2017-11-30 10:38:092017-11-30 10:38:09Nov 30 – ‘All Together Now’ – Or Not?
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