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Strategies & Market Trends : News Links and Chart Links

SPXL 219.63

-1.4%

4:00 PM EST

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From: Les H	9/23/2022 9:39:06 PM
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Liquidation for the S&P 500 (SPX). In closing the week, the daily SPX recorded a TD Buy Setup @9 and TD Buy Countdown @9 in the vicinity of the TD Trend Factor at 3673.98. Combined with the epic bearish sentiment, markets should conduct a mean reverting rally to ease the bearish sentiment as soon as the start of the week. However, the SPX also appears pre-destined to break below the 3636.87 lows as soon as the rally exhibits short term TD Sequential price exhaustion. The TD Trend Factor at 3469.67 acts as a reference point. tradetrekker.wordpress.com

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