Pete, you have more faith in those hammers than me, lol.
This is an hourly chart of the SPX. Obviously it broke down from the bearish rising wedge, but seems to be forming a lower channel line offering ---so far ---trendline support.
By the same token, a triangle is forming, which can break either way.
Indicators (I have no control over their parameters for this chart, and a 10/10 stochastic seems odd --- offer the potential of an up night tonight.
thursdee trading, page-133
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Last
8,208.9 |
Change
-60.900(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,269.8 | 8,269.8 | 8,186.6 |
| XJO (ASX) Chart |