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Thursday, April 11, 2019

S&P 500 cash trading pattern prediction for Friday, April 12th, 2019


Predicted pattern for today, Thursday the 11th of April was the following:

"The expected pattern is the one with an early high (not considerable gaps observed)followed with lower highs into closing bell... tend to be a negative day"

And here follows today's chart with the early high with lower lows a negative day for most of the trading day but we managed to close UNCH.

S&P 500 cash  trading pattern prediction for Friday, April 12th, 2019
Tomorrow's pattern is expected to be the one with an early high and a late high.
It tends to be a strong rally day if it opens with a gap up (that is what I expect).
Here follows some typical charts with patterns valid for tomorrow showing early high and late highs:






What'd You Miss from yesterday

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