Buy Signal !
S+P 500 Closed Back Above 4435 today,
triggering a technical buy signal on the 4 Hour "Institutional Chart,
the time period used infamously for years by the great technical analyst Tom De Mark.
Note the 4 hour KST Indicator, on the S+P 500 (Shown Here)
confirming the "buy signal" by crossing above the "Signal Line"
Also, pay attention that the "KST Crossover" has occurred
after "shakeout bottom," lower low pattern was completed today,
potentially giving the market a lot of room to run on the upside !
SPX Close 4436.02
THE_UNWIND
WOODS OF CONNECTICUT
S+P 500 Closed Back Above 4435 today,
triggering a technical buy signal on the 4 Hour "Institutional Chart,
the time period used infamously for years by the great technical analyst Tom De Mark.
Note the 4 hour KST Indicator, on the S+P 500 (Shown Here)
confirming the "buy signal" by crossing above the "Signal Line"
Also, pay attention that the "KST Crossover" has occurred
after "shakeout bottom," lower low pattern was completed today,
potentially giving the market a lot of room to run on the upside !
SPX Close 4436.02
THE_UNWIND
WOODS OF CONNECTICUT
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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.
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.