Below are four Technical Priorities that we use when attempting to spot trends and pivots. They are prioritized when updated each day.
- Elliott Wave Pivots – See the 61.8% Retrace Chart (posted 6/27)…
- EMA Trend lines – $SPX Price is “under” the EMA Trend Lines (bearish)…
- Forex ES Mini and $USD – The $USD sneaks above 61.8% retrace level (bullish)…
- SPX Signal Alerts – A sell alert is displayed…
Observation(s):
- A reversal, (close lower than the previous day close) sets up the bearish trend.
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