S&P 500 still just testing the upper edge of the down channel
It is slowly riding down the upper edge of the down channel. Definitely weakening, but I personally can't tell if it is just consolidating or has started correction.
Note the red circles and the price action in them.
Close up at 3H
Note the red circles and the price action in them.
Close up at 3H
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noon rally
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1:22pm
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Wednesday 1:30 update. Well, look at that. Right back into the down channel.
