Good Evning traders. Great friday we had with nice rally on SPX. but boy oh boy, the bears won at the last candel. and they got great DIV.
so i am expecting some retrace, 50% would be fair. reverse UP here will mean BULLISH trend continues.
so i am expecting some retrace, 50% would be fair. reverse UP here will mean BULLISH trend continues.
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nice move
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daxi is ready ALSO
BUT, the rsi reading is fairly bearish, while price made higer lowes, rsi made lower lowes. no corolation here. BUT lets see. the buy move was in big volume.