[SPX] Reaching the END of Today's Flat RW... Where to NEXT?
Haven't ever noticed a RW this flat on SPX, very interesting Price Action.
Power Hour should be interesting today as this structure concludes right around starting time.
Bulls need a big upward break to 1W ATH close.
Bears would love to see the bottom drop out.
Decision time!
Power Hour should be interesting today as this structure concludes right around starting time.
Bulls need a big upward break to 1W ATH close.
Bears would love to see the bottom drop out.
Decision time!
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The 1.5Y Peak Channel top fractal bisects this structure nearly perfectly too. This is the strongest fractal on the map right now so makes sense.
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Goin for the upward breakout!
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Climbin strong...
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Still goin but reaching possible inflection point...
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Solid reversal fractal taking shape and momentum dying...
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Looks more like consolidation here for a bigger move up...
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SPX retesting RW after failed breakout...
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Things started turning...
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Lots of indecision right now but should break more decisively by EOD...
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Losin its mojo...
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Not lookin great...
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Sitting at bottom of RW tip!
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Upward reversal fractal taking shape...
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Getting busted...
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Melt down?
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Lookin like it but that fractal providing some support...
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Bullish breakout!
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Confirm that the fractal held support for possible next upwave...
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upwave lookin great...
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New overlapping RW structure taking shape...
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Upwave still lookin great...
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Reversal fractal trying to take shape but momentum still pretty strong...
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It's goin for 1W ATH close!
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Another upwave possibly chasing that SPX action...
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Oh yea, crushed it...
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SPX and ES will probably split the difference here and end the day right on the tip of that secondary overlapping RW, leaving us with a literal cliffhanger...
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Bulls still got it...
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Watch out for the reversal setup...
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Right on the edge...
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Closed in No Man's Land just 6pts shy of 1W ATH close, what a fun action, enjoy the weekend...
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Ooh, sweet fractal retest...
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Got a collapse right on our uptrend fractal here...
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Next upwave should tell us a lot.
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We got an exact touch on the Megaphone top and another potential topping pattern here...
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Broke under...
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Look at that nice breakout on Topping fractal X...
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Awesome fractal ridin today...
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Like clockwork...
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Bouncin between old megaphone lines...
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Momentum died quite a bit...
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This upwave lookin weak...
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Looking pretty damn weak...
Data analyst with a passion for best fit lines B)
