SPX at major support. If 1960 holds. Underneath 1960 I would become neutral. This Bull Market is Guilty Until Proven Innocent.
Comments
Will_Wong
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The stock that I am following, DIS is kind of leading the SPX and it broke the long term lower channel a few days ago and is having a hard time recovering.
Will_Wong
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SPX closed at 1946 today.
Sultan_of_Stock
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Yes, I saw that. It looks like I was wong.
All joking aside, the next week will either confirm the breakdown or we rally back above 1975.