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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: milano who wrote (13643)5/9/2022 10:16:48 AM
From: Kirk ©  Read Replies (2) | Respond to of 26407
 
New SPX Low at 4043
On the downside we got a double fractal at 4050: the completion of the first leg down (fractalwise) and the start of a new one. If 4050 cant be hold next 3900.

The futures look like they are testing the 4060 area from their 4031 low this AM.




To: milano who wrote (13643)5/9/2022 10:27:26 AM
From: robert b furman  Read Replies (1) | Respond to of 26407
 
HI Milano,

Breeze has a SPX weekly 50% fib at 3892 and a monthly 61.8% fib at 3855. Both 37 points apart.

Looks like a good confluence for some support.

Bob


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