Wednesday, May 24, 2017

5/24/17 - EOD Update

SPX and TSLA continue to triangulate. TSLA also looks like a combo corrective.

Daily MACD on SPX is just about to cross up so potential for a  break out sooner rather than later.  

SPX - Daily

TSLA - 60 Min

Wednesday, May 17, 2017

5/17/17 - EOD Update

Its been a while but the market finally made a move worthy of a quick look.

The SPX shows a potential flat in progress for wave (iv) green or wave 4 green in progress.

SPX - Daily
Bank of America appears to be working on a wave (4) as well, granted a H/S pattern developing could also be argued.
BAC - Daily

Tuesday, May 2, 2017

5/2/17 - EOD Update

Not much to add.

Daily - SPX
 Looks like wave 4 of (v) green of 3 green is now triangulating too.

Daily - SPX Closeup