Hello to all who follow my charts.
Today has been an interesting day.
Of course, the S & P 500 was still long and continued up the long trendline
But today we experienced a reversal day and that always does not bode well for the respective trend direction.
The day started normally, then went much higher in the end but to go deeper from the market. A reversal just.
Often, such a reversal day announces a turnaround.
So please be careful with long positions currently.
We have to see tomorrow what happens.
If SP 500 continues to move up the trend line, negate the Reversel signal or begin to tip over the trend lines.
We will have to take a close look.
Currently, the long scenario is definitely at risk.
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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
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