bhorbs81

S&P FINAL UPDATE FOR TOMORROW MORNING

FX:SPX500   S&P 500 Index
UPDATE ON PREVIOUS POST. THERE ARE MANY FACTORS GETTING INVOLVED. I APOLOGIZE I HAD ATTACHED THE WRONG LINKS TO THIS UPDATE.
TECHNICALLY THE INDEX IS STUCK ON ITS 9-10 EMA HOWEVER IF IT FALLS BELOW 1931.9394 THERE IS NO SUPPORT FOR A WHILE POSSIBLY ROOM TO FALL TO 1892.
IF IT STAYS ABOVE WITH VOLUME IT WILL RALLY.1936.2382 WOULD BE THE WAVE START.
NUMBERS TOMORROW WILL BE TAKEN INTO CONSIDERATION ALONG WITH TRIPLE WITCHING AND THE FOMC MEETINGS.
ANYTHING MAY HAPPEN WE WILL BE ABLE TO CONFIRM IN THE MORNING AFTER THE FIRST 30 MINS TO 60 MINS , ALSO LETS SEE IF AFTER EUROPE CLOSES IF IT CAN MAINTAIN THE MORNINGS CURRENT DOWNTRENDS.
THE DEVELOPING HEAD AND SHOULDERS AT THE CLOSE CAN VERY POSSIBLY FORCE THIS INDEX AND SPY DOWN WITH I MINOR CLOSE BELOW THE RESISTANCE POINT PROVIDED EARLIER.
A FAILURE TO DO SO WILL LEAD TO THE FINAL WAVE OF BREAKING ALL TIME HIGHS AGAIN.
ALTHOUGH THIS SEEMED CERTAIN MANY VARIABLES HAVE CHANGED THIS TRADE TO A STEP BY STEP PLAY.

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