The S+ P 500 closed at 2430 on 8/17, BREAKING last weeks LOW of 2437.75
thus signifying a continuation pattern to the DOWNSIDE in the S+P
On my S+P WEEKLY CLOSE ONLY BAR CHART ( 5 DAILY CLOSES inputted for price information on the Weekly Bar)
Two MAJOR SUPPORT NUMBERS for FRIDAY AUG.18 are 2413, and MORE IMPORTANTLY 2388
A BREAK OF 2388 on a CLOSE on August 18, would open up the S+P to a THIN AIR DECLINE OF UNKNOWN DIMENSIONS OF PRICE.
IE... ALSO KNOWN AS A PANIC DECLINE.
THE_UNWIND
thus signifying a continuation pattern to the DOWNSIDE in the S+P
On my S+P WEEKLY CLOSE ONLY BAR CHART ( 5 DAILY CLOSES inputted for price information on the Weekly Bar)
Two MAJOR SUPPORT NUMBERS for FRIDAY AUG.18 are 2413, and MORE IMPORTANTLY 2388
A BREAK OF 2388 on a CLOSE on August 18, would open up the S+P to a THIN AIR DECLINE OF UNKNOWN DIMENSIONS OF PRICE.
IE... ALSO KNOWN AS A PANIC DECLINE.
THE_UNWIND