Lol, SF.S&P500's 50 day sma and 38% fib of this last October 2...

  1. 7,728 Posts.
    Lol, SF.

    S&P500's 50 day sma and 38% fib of this last October 2 rally are both at 1050...but the index finished 7 points below.

    Came within 3 points of the August highs.

    So, 4 down days, at the August highs which should offer support, full stochastic at 14, a level from which it bounced for the October rally...and RSI at 30.

    Should bounce now.

    Dollar index stochastic at 72, a level from which it turned down on OCtober 2 when the rally started.

    RSI for dollar index at 65, a level from which it usually turns down.
 
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