Setups for Monday 8/21/2017

On the Algo time cycle we still have a downward bias. Key levels are 2435.5 and 2418.5 so if you are short you will need to see 2418.5 taken out on either Monday or Tuesday. If you are long then you will need to see 2435.5 taken out in the same time frame. Since the bias is for more down until 8/27 any counter-trend play should have tight stops in place and be temporary in nature.

Note

Click on the link in my profile to get the video update for 8/22/2017.

Note

Video update posted on profile status for 8/23/2017 at 10:40am EST

Note

Note

prior daily chart was invalidated

Note

I will post market close video in the next couple hours

Note

Will post morning video within the next hour

Note

EOD video update has been posted in the status bar on my profile

Note

Power of the wave and line...magical

Note

Watch for another touch at 35.5 as the next one will be intriguing.

Note

EOD video update has been posted in the profile status

Note

right through the crosshairs

Note

Final snapshot at the close. Watch for the next video and chart I will post later today with the set-ups for next week.

dkh

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.

dkh