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Monday, April 16, 2018

Monday after the close

Another bullish day on the SPX and we also made a higher high at the $2686.49 level. At the close the SPX was up $21.54 at the $2677.84 level. Upside resistance from the upper trendline kicks in about the $2730ish level. As long as we stay between the blue trendlines this count remains very valid!!
We spent the entire day trading above the 20 day MA, and all indicators are on full buys. Upside resistance from the upper Bollinger band closed at the $2722.86 level, very close to the upper blue trendline.

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