Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 693.87

-0.2%

4:00 PM EST

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To: SGJ who wrote (124965)	5/18/2019 5:54:16 AM
From: GROUND ZERO™	3 Recommendations Recommended By DayTraderKidd GoodGord SGJ Read Replies (1) of 221701

Here's a daily continuation chart of the SP as of yesterday's close... Looks like some overhead resistance, this is in addition to all the other indicators... Unless we see a rally very soon, the market may have just now rallied back to it's initial breakdown point of May 7th before moving lower... Just by the way, a possible right shoulder of a typical HS pattern, but it's still too early to say because so often those HS begin and never complete, this could be one of those... We'll have a much better picture in the first few days of this coming week... GZ

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