Wednesday, January 25, 2017

QUICK UPDATE: A bullish price flip at the close of Tuesday’s session with a new high and new closing high on the S&P 500 (SPX). This takes away the sweet spot for a meaningful selloff and the bear probability begins to decay. This resets all the TD counts and a new TD Trend Factor is set at 2323.89. If everything today was a false breakout, then the SPX needs to break below 2261.93, the 60 minute TDST Support in one or two days. spx-daily


Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s