The $SPX Chart EVERYONE has to see! Doesn't take a rocket...

  1. 1ronnie
    24,030 Posts.
    lightbulb Created with Sketch. 2118
    clock Created with Sketch.
    30/06/24
    19:04
    Post #: 74537882
    The $SPX Chart EVERYONE has to see!
    Doesn't take a rocket scientist to draw the Mother of all Trendlines (MOAT). Connects perfectly.

    Sometime between now to mid July we gap fill 5,375ish, which conveniently lands right at that bottom support line.

    Notice some RSI divergence too.

    Also keep in mind that each of the last 4 starts to a new quarter led to a -1.5% drop in the first week.

    https://x.com/Mr_Derivatives/status/1806880524990103589
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Canyon-1H well drilling advancing as planned, with promising results observed and key milestones on track for completion by late October
right-arrow Created with Sketch.
NEWS Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war
right-arrow Created with Sketch.
NVU Nanoveu commences crucial benchmark testing for System-on-aChip (SoC) Semiconductor technology
right-arrow Created with Sketch.
NEWS The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint
right-arrow Created with Sketch.
NEWS ClearVue successfully raises $7.5 million via institutional placement
right-arrow Created with Sketch.
NEWS Significant resource upgrade and maiden ore reserve established, highlighting growth potential at Kanmantoo Copper Mine
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.