Thursday, January 18th, 2018

One day up next day slam- No no !

2015-03-13_SPX_001Click to enlarge charts


One day SPX blasts and than gets slammed. this is not  a healthy behavior. No follow through or containment in the first 23.6% of Fibonacci levels. All the gains are wiped. This sounds more bearish than bullish , unless we play this again on Monday. For now sidelines are the best seats, relaxing with a soda in hand.
















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