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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (52929)5/19/2020 4:27:32 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 67886
 
Current signals from Friday negated today due to news of positive early stage trials of a vaccine for COVID-19 that happens indices 3 percent of more.

Tomorrow is going to be key. A follow up day on the rally is needed to setup the situation of new signal which is not just a returned to the sideways pattern.

Only SP500 gapped up and finished over the top of the sideways range for the last few weeks. All other indices essentially returned back the trading range of the sideways pattern.