Otherwise, any kind of wave 3 that extends could do irreparable damage to the chart. /ES is messy overnight, the S&P is back to acting like an ETF for the Yen.
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| SPX 06-24 |
Monday, June 24, 2013
Charts 06-24
Some sort of ending-diagonal or bullish wedge formation like this would be needed to absorb the impact of this decline and let us bounce off the 200 DMA -- currently at 1506.
Otherwise, any kind of wave 3 that extends could do irreparable damage to the chart. /ES is messy overnight, the S&P is back to acting like an ETF for the Yen.
Otherwise, any kind of wave 3 that extends could do irreparable damage to the chart. /ES is messy overnight, the S&P is back to acting like an ETF for the Yen.
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