Even if the triangle is broken down, it still can spike up into tomorrow.
watching 3680-83SPX.
Im holding my swing short, will add if we see higher levels today.
Quick ins and outs
Main resistance is at 3798SPX,
Support is not even close at 3565-70SPX and below, they are minor, weak.
I think we will have a range bound day into tomorrow, cautious on both sides, even if I lean towards buying the dips today
This bear market rally is weak and every one of them is getting weaker and weaker.
There was no pain on the market, no heavy selling, no one is calling to their broker to sell their position as they all being told this was the low!
Its coming though...
watching 3680-83SPX.
Im holding my swing short, will add if we see higher levels today.
Quick ins and outs
Main resistance is at 3798SPX,
Support is not even close at 3565-70SPX and below, they are minor, weak.
I think we will have a range bound day into tomorrow, cautious on both sides, even if I lean towards buying the dips today
This bear market rally is weak and every one of them is getting weaker and weaker.
There was no pain on the market, no heavy selling, no one is calling to their broker to sell their position as they all being told this was the low!
Its coming though...
