SPX - Expected pattern for Monday, April 22 th

Hello traders,
Before we go over to a forecast of Monday's trading, let's resume today's chart:

Forecast for today trading pattern was as following:

Tomorrow, April 18th, 2019 are we looking for an #SPX chart pattern with an early high, a low at around 10:15 so a rally to a lower high at 11 / 11:30.
Then we should start a decline - expected to be a sharp one - to a low at or around 2 pm followed by a rally to a high at 3:30 and so a sell-off to a low into closing bell.

.... and here is what we traded today:

Started well, but we had instead of the "sharp decline" we had a rally until 3pm, then we had the expected selling into closing bell. --> Not good... :(

------------------------------------------------------------------------------------------------------------------------------------------

SPX - Expected pattern for Monday, April 22 th

Monday pattern is the one with an early high at around 10 am, selling until around 10:30 followed by a rally until around 11:30 / 12pm. 
During the afternoon could be mixed with lower prices but also rallies until 3pm, last hour trading is characterized by sell pressure.  

I'm bearish for early next week, so my expectation is a weak trading day where bears will be in charge ;o

SPX - Expected pattern for Monday, April 22 th

Hello traders,
Before we go over to a forecast of Monday's trading, let's resume today's chart:

Forecast for today trading pattern was as following:

Tomorrow, April 18th, 2019 are we looking for an #SPX chart pattern with an early high, a low at around 10:15 so a rally to a lower high at 11 / 11:30.
Then we should start a decline - expected to be a sharp one - to a low at or around 2 pm followed by a rally to a high at 3:30 and so a sell-off to a low into closing bell.

.... and here is what we traded today:

Started well, but we had instead of the "sharp decline" we had a rally until 3pm, then we had the expected selling into closing bell. --> Not good... :(

------------------------------------------------------------------------------------------------------------------------------------------

SPX - Expected pattern for Monday, April 22 th

Monday pattern is the one with an early high at around 10 am, selling until around 10:30 followed by a rally until around 11:30 / 12pm. 
During the afternoon could be mixed with lower prices but also rallies until 3pm, last hour trading is characterized by sell pressure.  

I'm bearish for early next week, so my expectation is a weak trading day where bears will be in charge ;o

Expected trading pattern for SPX cash - Thursday April 18th

Hi traders,

so far predicted pattern for today is not as expected, the call was as follow:
Trading pattern for tomorrow Wednesday, April 17th is the one starting with an early high, decline into 10:30 / 11 am followed by an all day rally into closing bell... Tend to be a strong day relative to the opening price.

So, what we got?
As you see in today's chart below, yes, we did see an early high and decline to 10 pm +
But not much of an all day rally to last into closing bell.... I call this one a miss :( 

Expected trading pattern for SPX cash - Thursday April 18th

Tomorrow, April 18th, 2019 are we looking for an #SPX chart pattern with an early high, a low at around 10:15 so a rally to a lower high at 11 / 11:30.
Then we should start a decline - expected to be a sharp one - to a low at or around 2 pm followed by a rally to a high at 3:30 and so a sell-off to a low into closing bell.

Trade well and put your protective stop loss...!
;o

CHECK OUT 8 MINUTE TOPSTEPTRADER VIDEO