I suggested that we might look for higher highs for the 23, but instead we had a sideways move. This suggests that we are consolidating for a move higher possibly to 1970 range that could touch the upper BB line.
MT: DOWN
ST: UP
PA: UP
Monday, 23 June 2014
23 June 2014
The formation of price in the SPX does not seem to be complete and might need another push higher. The indicators do not support this, but I am talking about intra-day indicators therefore it is not an accurate tell. The ST is still in a positive trend, with a slight neg. divergence.
I suggested that we might look for higher highs for the 23, but instead we had a sideways move. This suggests that we are consolidating for a move higher possibly to 1970 range that could touch the upper BB line.
MT: DOWN
ST: UP
PA: UP
I suggested that we might look for higher highs for the 23, but instead we had a sideways move. This suggests that we are consolidating for a move higher possibly to 1970 range that could touch the upper BB line.
MT: DOWN
ST: UP
PA: UP
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