Recent: 030315 - SPX hourly squeeze for 5 days.jpg

030315 - SPX hourly squeeze for 5 days.jpg

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Closing Basis - go with the flowClosing Basis - go with the flow
The hourly bollingers have been squeezed on the S&P for 5 days now. Congestion leads to Expansion. Expansion leads to Congestion. If price holds below the 50hr MA and breaks the lows of last week, odds are high that price is going to expand down. 
 
Again. IF. 3/3/15
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