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| TAOST Wrap Monday 24 September 2018 |
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Quote of The Day "Tribe follows tribe, and nation follows nation, like the waves of the sea. It is the order of nature, and regret is useless."
Chief Seattle
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The sellers held sway all day starting with a gap down in the SPX this morning. Buyers waded back in at day's end, but we'll see how things shake out.
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ES 15m
Price churned around TAOST Low Power Zone before falling away and ultimately bouncing back. |
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ES Swing Chart 120m
The ES responded perfectly to support at 2919. Price bounced nicely at day's end, so the action tomorrow and Wednesday before the FOMC announcement should be interesting. |
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YM 15m
TAOST Low Power Zone was the control region this morning before the YM price fell away to a lower TAOST POI. |
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Chart of The Day
Sirius XM Holdings, Inc. [SIRI] -- Great weekly pattern pulling back to support on news.
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As always, make up your own mind and mind your risk no matter what you do.
KIS,
The Trader
If you're looking for more learning, ideas, etc., head over to my free, private FB Group. |
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