Tuesday, January 10, 2017

Morning Charts 1/10/2017 SPX /es

All quiet up here for now. 

On to the lie -

SPX Daily - Large black wedge breakdown - unreasonable backtest (blue sharp wedge) at insane levels - now a double top (red wedge)  - all with major time frames all in negative divergence mode. They are barely hanging on. 71, 54 and 46 are S anything below 46 and it's game on for the bears. 

Freedom watch -

Other than the standard daily offenses, quiet down here as well. 

More to come below.

Have a good day.

GL and GB!

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