In a matter of just 72 hours,...
S+P 500 Index has gone from a Gap Up Breakout to 2800 on the OPEN of trading on 12/3/18
to a PLUNGE back to Major Support at 2600-2640 area on 12/6/18
That complete and almost TOTAL REVERSAL
will put the bulls to their strongest retest yet.
To say that their backs are up against the wall is an understatement.
So watch how they respond, because this is the one that matters most.
for the short/intermediate, and long term,.. all in one.
Now is the time the moment,if the bulls truly want to make a stand. Period.
if.. SPX 2600 Major Support were to be violated now,
would open up the market.. to a NEW and SUBSTANTIAL DECLINE
And the market knows that !
SPX Last 2700.06
12/6/18 600 AM