Thursday, April 6, 2017

Morning Charts 04/06/2017 SPX /es

Masters begins today! 

I got a chuckle out of this post title. Pretty sure you know why - Cudmore: "It's Now A Matter Of When, Not If, Markets Break Down"

On to the lie -

SPX Daily - Nothing exciting other than a battle with support. The 20 dma is diving and looks like it will want to cross the 50 dma (now at 44). Does not look too good going forward here, but we all know team Total control is in da house. 44, 22, 91 and 74 are key support numbers I see right now. Under 44 is very dangerous place.

Freedom watch -

Nothing here today. 

More to come below.

Have a good day.

GL and GB!

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