Monday, February 5, 2018

Morning Charts 01/05/2018 SPX

ZH rather bearish this morning - as if the wind is changing. Well, at least Trump will be able to say he warmed of bubbles during his campaign. 

On to the lie - 

SPX Daily - Well I was finally forced to update some charts. I'll work my way thru the relevant time frames today to see if there are any clued out there. Let's watch MA's on various time frames to see what they want for support.

SPX Weekly - On both charts pay attention to the blue trend lines under the indicators. On the daily they've busted - a warning. If they crack on the weekly, as I've been pointing to, then the bloodbath should be on.

More to come below.

Have a good day.

GL and GB!

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