[SPX] Reaching the END of Today's Flat RW... Where to NEXT?

Actualizado
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!
Nota
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.
Nota
Goin for the upward breakout!
imagen
Nota
Climbin strong...
imagen
Nota
Still goin but reaching possible inflection point...
imagen
Nota
Solid reversal fractal taking shape and momentum dying...
imagen
Nota
Looks more like consolidation here for a bigger move up...
imagen
Nota
SPX retesting RW after failed breakout...
imagen
Nota
Things started turning...
imagen
Nota
Lots of indecision right now but should break more decisively by EOD...
imagen
Nota
Losin its mojo...
imagen
Nota
Not lookin great...
imagen
Nota
Sitting at bottom of RW tip!
imagen
Nota
Upward reversal fractal taking shape...
imagen
Nota
Getting busted...
imagen
Nota
Melt down?
imagen
Nota
Lookin like it but that fractal providing some support...
imagen
Nota
Bullish breakout!
imagen
Nota
Confirm that the fractal held support for possible next upwave...
imagen
Nota
upwave lookin great...
imagen
Nota
New overlapping RW structure taking shape...
imagen
Nota
Upwave still lookin great...
imagen
Nota
Reversal fractal trying to take shape but momentum still pretty strong...
imagen
Nota
It's goin for 1W ATH close!
imagen
Nota
Another upwave possibly chasing that SPX action...
imagen
Nota
Oh yea, crushed it...
imagen
Nota
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...
imagen
Nota
Bulls still got it...
imagen
Nota
Watch out for the reversal setup...
imagen
Nota
Right on the edge...
imagen
Nota
Closed in No Man's Land just 6pts shy of 1W ATH close, what a fun action, enjoy the weekend...
imagen
Nota
Ooh, sweet fractal retest...
imagen
Nota
Got a collapse right on our uptrend fractal here...
imagen
Nota
Next upwave should tell us a lot.
Nota
We got an exact touch on the Megaphone top and another potential topping pattern here...
imagen
Nota
Broke under...
imagen
Nota
Look at that nice breakout on Topping fractal X...
imagen
Nota
Awesome fractal ridin today...
imagen
Nota
Like clockwork...
imagen
Nota
Bouncin between old megaphone lines...
imagen
Nota
Momentum died quite a bit...
imagen
Nota
This upwave lookin weak...
imagen
Nota
Looking pretty damn weak...
imagen
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

Data analyst with a passion for best fit lines B)

Publicaciones relacionadas

Exención de responsabilidad