2:50 - 30m SPX bearish engulfing candle with confirmation thru 42 support. Add the potential bearis whipsaw to the MACD. Now can the bears show up and fight off POMO?
1:37 - SPX wedge. That tiny red sliver in the upper right corner is the new bear market upper resistance line.
12:54 - Lunch almost over and a nice potential HnS to greet you when you get back. could it get any better? 39 target. Of course it could just bust up to 1310 resistance to get even with gold.
9:58 - SPX 1m with gaps and fib - very orderly so far with no really big candles. Just steady and not impulsive. They are controlling descent very nicely (so far).
Minis were as low as 1131 last night. They rallied over 11 points all on heavy volume. Whomever took the market down late yesterday knew something was up
Minis 1m - Note the blown out lower VWAP (blue) band to 32 support. That was a big move that got a stick save.
Minis 60m - Price has fallen into the 40 to 30 range.
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