SPX - Upcoming Week

Discussion in 'Trading' started by Daring, Jan 25, 2014.

  1. Daring

    Daring

    re:SPX

    Been a while since SPX had an outside bar in the monthly timeframe, last time (marked in the chart).

    Considering earlier this month we were able to take December's high (by a measly point) and the fact that we are not far from December's low, will this upcoming earnings week and FOMC wed snap ups back up or will we get the first outside bar in a while in the monthly timeframe?

    We are currently 22-23 points from December's low.

    Food for thought.

    [​IMG]