• Skip to main content
  • Skip to footer

Jim Wyckoff

Dominate Your Market

  • Daily Morning Report
  • Meet Jim
    • Testimonials
  • Contact Jim
  • Sample Reports and Charts
  • FAQ
  • Jim’s educational e-books

S&P Index Prices Rebound, But Major Chart Damage Still Not Repaired

October 17, 2018 by Jim Wyckoff

See on the daily bar chart for the December e-mini S&P futures that prices have rebounded from last week’s spike low, to gain back about half of the losses seen during the October swoon. Still, major near-term chart damage was inflicted in the sell-off and the bulls have much more work to do in the near term to completely repair that damage. Technical odds still favor a market top being in place for at least the near term, if not the longer term. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

Footer

Disclaimer

There is a risk of financial loss in futures and options trading. Futures trading is neither easy nor an easy way to make money. It takes hard work to have success. Please use sound money management when trading futures. Past performance is not necessarily indicative of future results. Nothing on this website is intended to be a trading recommendation to buy or sell futures or options. All information has been obtained from sources believed to be reliable, but accuracy is not guaranteed. Readers are solely responsible for how they use the information on this website.

Latest trending facts

Copyright © 2026 · Atmosphere Pro on Genesis Framework · WordPress · Log in