7 November 2016
We see the ABCD buy chart pattern. S&P 500 open gap up and close higher. See chart for more.
As a ABCD Chart Pattern practitioner needless to say, you are looking out for a buy. The market open at 2100.59 and close at 2131.52 and near 31 points jump, a beautiful buy.
S&P 500 stop the two weeks fall in two weeks and fulfill the ABCD Buy Chart Pattern, on top of that, the return is strong. Many try to catch the falling knife. Those whom have lost in the past two weeks, try to cover their loses.
^GSPC | S&P 500 Stop the Two Weeks Fall and Pullback | Wow!
Watch the posting here! Great trade! November 8, will become a history tomorrow. Watch out.
Let us check the MACD scan outcome. See posting.
November 7, 2016 S&P 500 Daily and 34 EMA Wave
Have fun!
Moses US Stock Desk
AmiBrokerAcademy.com
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