Tuesday, October 10, 2017

Morning Charts 10/10/2017 SPX

Saw something somewhere about the largest market rally in 85 years - I gotta feeling that POTUS would really like to achieve that and have it on his record. That may put the breaks on any serious downside. Not sure. Things looked like they were supposed to yesterday, but no follow thru overnight is disturbing as they obviously want this trend to continue. Are they gonna foil another technical breakdown signal?
On to the lie - 

SPX 60m

SPX 15m - Possible if this wedge is right it ain't finished yet with one more leg up to go. Bur that channel broke down and another wedge possibility in another chart failed as well. Hmmmm .....

More to come below. 

Have a good day. 

GL and GB!

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