Noteworthy:
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
- Market on edge today waiting for FOMC meeting
- Energy leading sector in SP 500 YTD
- SPN was on a weak bearish trend that is possibly ending
- SPN broke weak S/R, now up against convergence of long term trend S/R and price S/R
- Closes through both long term S/R and price level S/R
- Closes beneath either long term S/R or price level S/R
Disclaimer
Not investment advice. Thinking out loud in a crowded room.
Checkout my free weekly market updates on substack!
ronaldryninger.substack.com
ronaldryninger.substack.com