Wed Dec 19, 2018, 11:05 AM

(SPX): S&P 500 Index (Dec 19th morning price chart)

Continuing from Monday's previous post. This is the S&P 500 as of Wednesday morning 9:40am Eastern.

As you can see currently price appears to, at least momentarily, be in a range between a previous support, now resistance level and the Fibonacci retracement 61.8. Nothing unusual. The market always has pull-backs which Elliott Wave theory gets into.

So for at the moment we'll keep our eye for the breakout in this, probably brief, trading area.

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Reply (SPX): S&P 500 Index (Dec 19th morning price chart) (Original post)
Iron Condor Dec 2018 OP
uncledad Dec 2018 #1

Response to Iron Condor (Original post)

Wed Dec 19, 2018, 11:24 AM

1. Tea leaves..

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