Here is a 15 minute chart of the June S&P e-mini futures. I commented on this chart yesterday afternoon.
I had believed that yesterday's low at 1304.75 would hold but today we completed a three phase rally to 1311.75 and then dropped to 1302.75. Once again the move down from blue point d has three distinct phases and the first two phases themselves were three phase moves. I think the market has ended its drop from yesterday's high at 1319 and is now about to rally to 1328.
No comments:
Post a Comment