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Re: [RT] Spx Daily



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--- EAdamy <eadamy@xxxxxxxxxxxx> wrote:

> Interesting setup on daily. Note the two horizontal
> red lines which mark the pivot points for Thrust
> Reversals. Note that the confluence of the 162%
> expansion and the 86% retracement at the same price
> levels. Price has clearly broken through and
> retested the dark gray LT trendline suggesting price
> will move higher. The expected correction has yet to
> materialize and breadth models have yet to budge
> from overbought levels even as price is dealing with
> resistance. There is a reversal in here somewhere
> but the question is where.
> 
> Earl

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