adatherton

$SPX comparison to Feb 18 and Dec 18 crashes

Short
adatherton Updated   
OANDA:SPX500USD   S&P 500 Index
It is often difficult to closely monitor crash recoveries, as intraday data is often not available. Fortunately OANDA keep over 2 years of hourly data, so I have been able to overlay the ES futures (23h a day) price/action from the Feb 2018 crash and the final part of that in December 2018, both of similar percentages. There is a good match to both at the moment, but I think the Feb 18 one is a bit closer. Anyway, this chart will pan out for definite shortly.

Trade
SELL 3089 MARKET
SL 3150
TP 2885
RR 3.95

Comment:
Market now 2935, so 154 pts (5%) up.
Trade closed: target reached:
Trade closed, successful, but prediction did not envisage the drop to 2700

David Atherton
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