[SPX] Diamonds Are For Bears

מעודכן
Just noticed this gem...
הערה
Diamond exactly on top of 1Y Peak Trend is pretty scary haha
הערה
Seems about right...
תמונת-בזק
הערה
It's also kinda a 4D H&S.
הערה
Bullish breakout? Bearish breakdown? Hold for confirm....
תמונת-בזק
הערה
False breakout to breakdown?
תמונת-בזק
הערה
false breakdown to real breakout!
תמונת-בזק

Sitting right back on the growth trend there. It seems strong enough but it's right on the edge. It'd be more bearish if it had fallen short of that fractal.
הערה
Look at that beautiful diamond retest and reversal fractal straight up into yellow and through for the expected breakout.

The breakdown below blue was a clear downward continuation signal before the powerful up reversal into close.

Let's zoom into the 2M microcosm here...
תמונת-בזק
הערה
Algos man...
תמונת-בזק
הערה
It's like a cheat sheet for the trading day haha.
הערה
תמונת-בזק
הערה
Still hangin on this line...
תמונת-בזק
הערה
Broke under blue dotted, look for yellow break or bounce next...
תמונת-בזק
הערה
It broke but recovered and began a bounce, lets see how it reacts around the blue dotted again...
תמונת-בזק
הערה
Rejected off blue dotted slightly here, didn't reach yellow dotted...
תמונת-בזק
הערה
Rejected off yellow dotted and bounced off the new blue dotted and then broke through yellow...
תמונת-בזק
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

Data analyst with a passion for best fit lines B)

פרסומים קשורים

כתב ויתור