Tuesday, February 9, 2016

On Spx 1740 watch

Monday email post:\Unless we rally sharply into the close and cancel the parabolic buy signal.
Then that parabolic light buy signal ( Pattern )suggests lower into Friday.
Sharp moves.
If however we plunge into the close LOD then I would buy for a 1 TD rally

After close update. Stayed flat since neither happened. 
Tuesday email post at 11am 
Inside days are bullish in bull mkts. I don't think this is a bull and a full candle is more bearish.
after close update. Making a little change Target will be raised a little to range 1740-1765 SPX.
Wed down, Thursday up a little, Friday intraday L.O.Wk 
Based on Parabolic pattern