Back In Control

Divergence on SPY
Divergence on SPY
March 15, 2019
Weekly Market Outlook For March 18 – 22, 2019
March 17, 2019
Show all
Back In Control

It was touch and go in the morning session as the sellers managed to fade the early gap up and break below yesterday’s last 4H bar.

News began trickling in around BA rolling out a software fix for their 737 Max jets and buyers quickly retook control and pushed the DIA for a solid green outside 4H bar.

Buyers are slowly but surely making their way back up through the broadening formation with 261.67 being the next major pivot.

Also watch AMZN here.

AMZN is currently outside inside on the week and inside month and up.

AMZN afforded a great intraday inside bar reversal entry on the 30min for those playing intraday.


Back In Control

by editor time to read: <1 min
Divergence on SPY