Shanky's Technical Analysis and Market Commentary: Morning Charts 04/07/2017 SPX /es

Friday, April 7, 2017

Morning Charts 04/07/2017 SPX /es

50 Tomahawks must be good for business. We will get more into this next week as the proverbial dust settles.

On to the lie -

SPX Daily - Pretty simple - completed rising wedge, overthrow to OB ATH with extended negative divergences and failure. Follow MA support /resistance as consolidation continues. 64 to 70 is R and 45 to 36 is S.

Freedom watch -

Masters weekend - enjoy it!

More to come below

Have a good day

GL and GB!

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