Despite many attempts by Fed members to continue pushing stocks higher, $SPX is now, 30 minutes before the close, below the Fast SMA line and almost back below daily downtrend line.
This is a bearish signal towards next week's earnings season...
Notice that the bearish Bat wasn't violated this week - Double top with X
Tomer, The MarketZone
@themarketzone - Twitter
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You can follow my blog on goo.gl/e5I2PP
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This is a bearish signal towards next week's earnings season...
Notice that the bearish Bat wasn't violated this week - Double top with X
Tomer, The MarketZone
@themarketzone - Twitter
MarketZone - Snapchat
You can follow my blog on goo.gl/e5I2PP
Subscribe to my newsletters goo.gl/A37aEX
Join the Facebook Group goo.gl/MxkFgq
Follow on Youtube goo.gl/eH3WXV
