Saturday, January 9, 2016

SPX 240m - 3 Drive pattern and Potencial Fractal

Last two  contra trend equal leg. The lows friday invalided ABCD pattern, and open door for potential 3 drive pattern.
Two chart at desk but focus for now at the first one.
First chart Idea valid if unable to lose 240m above 1946.
Last chart note potential fractal and implication so far pretty similar.
Resistance [1938/46]
Suport 1880s / 1900 and 1905
Click to zoom in.


No comments:

Post a Comment

Enjoy this post? Then leave a comment and say thanks!