[SPX] FIRE vs. ICE: Price Action Melting through Market Glacier

ที่อัปเดต:
Finally perfected this to the point I'm happy with it.

The analogy seems very fitting here.

Definitely looking bearish.
บันทึก
Watch for more red and lookout for break under EMA 186...
สแนปชอต
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What a beautiful peak, 15m looking quite bearish here...
สแนปชอต
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Closeup...
สแนปชอต
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Normal candles look even worse here, bearish engulfing of 5/7 last candles on the 15m and collapse/rejection from SMA 987 ...
สแนปชอต
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Watch that red line btw, bull case needs to close and hold above this or else more downside in store.
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Futures getting crushed by SMA 144, look for a break or rejection...
สแนปชอต
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Upward momentum potentially starting to die here too.
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Buyer's wave still weak sauce, already at peak...
สแนปชอต

Big divergence extremes like this tend to lead to reversal in the near future. Price really needs to pick up some steam here if it's gonna absorb that and stay climbing.
บันทึก
Wow, price precariously perched above all our interwoven SMAs and sitting atop a perfectly splayed EMA Ribbon...
สแนปชอต

Look what the last break did, this time we'll also be breaking through the 377, gonna have even more power.
Chart PatternsFundamental AnalysisSPX (S&P 500 Index)S&P 500 (SPX500)Trend Analysis

Data analyst with a passion for best fit lines B)

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