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World Stock Markets Trading Discussion - Lavish levitation

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5 day cycle oscillator turns down from the highest level since March 12. Then, market had a slight pullback and rally resumed for another week before another somewhat larger pullback.  Normally a massive thrust like the past 2 days will generate residual upside momentum for a few weeks.  5  day cycle projection remains 2838,  but 3 day 2831 is done. Bet on a 5 day cycle high here.  

Intraday trend support lines, now 2823 rising to  2833 at 1 PM, and 2818 rising to 2827 at 1 PM. 

Get longer term projections, support and resistance, along with suggested SPY put and call trades at Lee Adler's Liquidity Trader- Technical Trader. 

 

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17 minutes ago, DrStool said:

5 day cycle oscillator turns down from the highest level since March 12. Then, market had a slight pullback and rally resumed for another week before another somewhat larger pullback.  Normally a massive thrust like the past 2 days will generate residual upside momentum for a few weeks.  5  day cycle projection remains 2838,  but 3 day 2831 is done. Bet on a 5 day cycle high here.  

Intraday trend support lines, now 2823 rising to  2833 at 1 PM, and 2818 rising to 2827 at 1 PM. 

Get longer term projections, support and resistance, along with suggested SPY put and call trades at Lee Adler's Liquidity Trader- Technical Trader. 

 

Your in the   wrong thread Lee

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