Minding The Gap

Minding The Gap

We are doing the monthly free public Chart Chat on Sunday. If you’d like to attend then you can register for that on our July Free Webinars page. We are also running our annual July 4th weekend sale over the next few days, so over that period annual memberships purchased have four free months rather than the usual two. As with all our memberships, as long as the subscription is continuous, the subscription price will never be increased in the future.

After a slow start SPX is coming into the ideal low area 2680-2700 that Stan has been calling for the last few weeks. SPX is in the low window and we think that a low this week is likely.

Full Intraday Video from theartofchart.net – Update on ES, NQ, CL, NG, GC, SI, HG, ZB, KC, SB, CC, ZW, ZC, ZS, DX, EURUSD, AUDUSD, USDJPY, USDCAD:

The high today was at gap resistance, and at the 50 hour MA which was the obvious resistance area, and the final leg down should now in progress. If SPX should go under 2680 then rising support from the the early April low is now in the 2665 area. That’s not a target here, but under 2680 it would be the next big support level. SPX 60min chart:

About the Author

shjackcharts
I Chart Therefore I Am

Leave a Reply