Friday, December 9, 2011

SPX Daily - Friday, Dec 9

@ 4 PM

Even more confounding market action today....

@ 12 Noon

Not quite the reaction most were expecting to EU's agreement to disagree....
However, the 5-min chart has exemplary complex corrective waves.


  1. Vega, do you use a particular indicator/oscillator to count with?

  2. I tried to find some corelation with other indicators/oscillators, but I have'nt been able to find one I can rely on with any amount of consistency. Though RSI is the one I like to look at from time to time.