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March 7th, 2017: SP-500 Chart Upate

Posted by pugsma on March 7, 2017

3:40 pm EST:  SP-500 chart and counts are unchanged after today’s extremely small trading range.  The $NYMO looks like it will close two consecutive days below -40 and below its lower BB.  This often leads to explosive SPX move higher the next day (see the SPX vs VIX vs NYMO chart below).

http://stockcharts.com/h-sc/ui?s=%24NYAD&p=D&yr=0&mn=6&dy=0&id=p32152966307&a=269536931&r=1450045167343&cmd=print

SP-500 15-min chart:

SP-500 60-min chart:

SP-500 4-hr chart:

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