9:53 - SPX 30m with gaps and fibs - Down trending red thick is the busted bear market resistance line. Heavy blue is the Oct '09 S/R line. You can see the wedge coming up. There ain't squat below 52 to 30 to stop it.
Minis off 8 at midnight.
Interesting gold charts.
Nothing like a perfect HnS measurement with a rising wedge ending A-E touch and overbought as hell indicators diverging.It may still climb some, but when RSI crosses that support line you'll know for sure the job has been completed.
GL today!
Morning Post 05/08/2024 SPX
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Like a constant IV drip of evil in the planet’s arm you can’t do anything
to stop. It is His plan. Planetary cycles say we’re in the window. Maybe
we’re ...
1 hour ago