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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts
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To: Qone0 who wrote (75929)1/18/2023 3:59:26 PM
From: Sun Tzu2 Recommendations

Recommended By
isopatch
skier31

  Read Replies (1) of 97636
 
My vote is with the latter, though there may be a brief bounce at T1.
Why? Because on the daily SPX is going to close below trend and stay below it (because the trend is peaking). And on the half day (200 minutes - even though it should 195, but TV messes up the timeframe :(...) Anyways, the 200 minute SPX chart looks terrible.

EDIT See that blue straight blue line? That is the next PNF identified support for SPX. It is at 3847.50.

Here's the chart. All 4 indicators are negative.

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