Friday, October 23, 2015

10/23/15 - EOD Update

Looks like the bulls were able to close it over the 200 day SMA. The 20 day SMA has crossed up thru the 50 day SMA as well.

I like the count on the 60 min chart.

Lets see if the final waves wrap up for the fifth wave early next week possibly challenging 2100. From there, we'll see what type of pullback we get.


60 Min

Daily
SPX is lingering just under the trend line.