Another boring day with nothing particularly interesting to note.
SPX Charts by time frame:
1-day: depicts a rounded cup pattern.
3-day: possible ascending triangle.
5-day: a pennant.
10-day & 35-day: locked within a neutral range.
3-month: All of the above, but the market is also bound by the 20-day and 30-day MA. The entire day was within that range and formed a "spinning top", an irrelevant candle in most cases. Note: very low holiday volume.
I've also added several stocks on my watch list for potential breakouts.
Showing posts with label ARE. Show all posts
Showing posts with label ARE. Show all posts
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