SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : SPY Advance - Decline data for 2014 through 2016
SPY 694.04+0.7%Jan 9 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rimshot who wrote (779)10/28/2021 9:04:26 AM
From: rimshot  Read Replies (2) of 1118
 
$SPX 4562 / 4570 = daily resistance today

4541 / 4534 = daily support today

4569.74 = current value of the $SPX weekly 15,2 upper Bollinger Band as of the October 27 close

Odds are we have more selling toward at least 4535 to 4496 before heading higher

* multi-distribution volume profile has been in play for a # of days for the /ES futures ... /ES 4560 is a key intraday target price level that traders will vigilance watch during the RTH session

$SPX daily closes chart -

stockcharts.com

$SPX weekly with 15,2 Bollinger Band & with the status of the Silver Cross conditions for multiple indices -

stockcharts.com

$NYA weekly chart focusing on the now brief horizontal breakout's ongoing chart status -

stockcharts.com
=======================================================

$SPX overall plan as of very early a.m. October 27, Wednesday:

$SPX price action has not yet confirmed the potential breakout toward the $SPX 4720 region

* daily price candle pattern as of the October 26 close is typical of a minor trading high

4584 / 4591 = daily resistance

4566 / 4559 = daily support

Message #749 from rimshot at 10/20/2021 1:24:02 PM

$SPX daily resistance has been shrinking which indicates a trend change is coming

4527 / 4533 = daily resistance today

4512 / 4507 = daily support today
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext