SPX 2015-11-20

austinjoe

BEAR could not void the 1F 背驰段 on 11/15/2015 morning and the over sold bounce leads to BULL successfully defended 30F zone [1990.72, 1991.62] to get a 3rd buy. This 2 zone 5F uptrend will enter 背驰段 next week. BULL needs to rise above 2105 as quick as it could to void this 5F up trend 背驰. Nearest 5F zone is 2078.85 [2084.85, 2087.15] 2097.35, will see which one show up first -- 3rd buy or sell to end this 5F zone. The top has a 30F zone 2062.50 [2090.00, 2109.15] 2116.70, the latest 5F up trend is swing around this 30F zone.

Consider seasonality, next week is bullish in general.

源济

谢谢分享，周末愉快！

捷思

同意。
1小时笔下跌，4小时上涨。

Elephant

luckystar2006

georgeyn

luckystar2006

xyy

austinjoe

Bull did not show strength to void 5F 背驰段 today. It breaks down 1F zone and hit 5F zone with today LOD 2081.35.

As this 5F level 2 zone up trend could end any time now. Watch 3rd sell for these 2 zones tomorrow as Tuesday favor BEAR recently.

1F zone is 2084.85 [2089.35, 2093.15] 2097.35,  while 5F zone is 2078.85 [2084.85, 2087.15] 2097.35.  

Since SPX close inside the 5F zone, BEAR has the ball -- it must break down 2084.85 forcefully and pull up not touch 2089.35 to get 3rd  sell. While BULL has to rise up to 2105 quickly and pull back above 2087.15 to ensure 3rd buy to keep the 5F up trend alive for year end Rally.