Thursday, August 3, 2017

Morning Charts 08/03/2017 SPX /es

BOE, China, Russia, bubbles and a plethora of other items - What could go wrong?

On to the lie - 

SPX 5m - 46 resistance area again. They thwarted the RS breakdown at the neckline, so now do we get the RS ramp job? Not sure but being under the round number carrot I'd think they'd at least want to keep it in the neighborhood. They are gonna hold it as high as they can before it all goes to crap.

More to come below.

Have a good day.

GL and GB!

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