Monday, August 7, 2017

Morning Charts 08/07/2017 SPX /es

Nothing much to say up here. Pretty much SSDD as they continue to attack democracy and try and destroy this country. Carry on. 

On to the lie -

SPX 30m - gonna stick with what's been working. Multiple channel scenarios inside one large channel incorporating a rising wedge breakdown while chasing ATH's fending off building negative divergences with two possible HnS scenarios (targeting the same price near 2442 support). As usual, beware the bear crushing RS ramp job. Possible small ascending triangle building under 76 resistance.

More to come below.

Have a good day.

GL and GB!

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