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S&P 500 Index

SPX 61.8% Retrace

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The S&P just tagged the 61.8% retrace of the rally from the June low. Cash actually failed to reach the level but futures did reach. Anyway...good enough in my book. Given recent breadth readings (extreme 10 day NYSE A/D for example), I'm thinking that a low is in today. -Jamie Saettele
jsaettele
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
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SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis

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SPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend Analysis
jsaettele
Director of Technical Research at Krilogy, author Sentiment in the Forex Market

Twitter: twitter.com/jamiesaettele
Website: krilogy.com/
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.