weekend charting part 1, page-4

  1. 2,810 Posts.
    SPX

    2 day

    This might seem like a funny t/f but I feel price is respecting it.
    Price is at resistance at the bottom of the cloud.
    Red is close to the cloud which helps price enter cloud.
    This chart shows the possibilities both ways.
    Break into the cloud rallying to the top of the cloud or
    retracing to red or even blue.
    Brown (circled) is between red and blue and under the cloud.
    Key points have been marked again.

 
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