If however the intra-day signals turn bullish tomorrow, we should be cautious of the turn back UP for the ST as the daily chart is still in a bullish sentiment.
SEN: Bearish
ST: DOWN
PA: NA
Tuesday 10 November 2015
10 Nov 2015 - Still
Price has closed under the 75 MA of the 60 min. chart and has kept the market relatively flat for the day. The PA was not signalling any volatile movement currently but that could all change tomorrow if the signal still holds the downward pressure and into the OS range. The next level of support is the 200 day MA currently at 2063 SPX, then comes the 2040 which is held by the 200 MA of the 60 min. chart. Until we pass these markers, we cannot see any acceleration in large spreads.
If however the intra-day signals turn bullish tomorrow, we should be cautious of the turn back UP for the ST as the daily chart is still in a bullish sentiment.
SEN: Bearish
ST: DOWN
PA: NA
If however the intra-day signals turn bullish tomorrow, we should be cautious of the turn back UP for the ST as the daily chart is still in a bullish sentiment.
SEN: Bearish
ST: DOWN
PA: NA
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