ProfitHarvest

[SPX] Stuck Between a Rock and a Cliff... No Man's Land!

Short
SP:SPX   S&P 500 Index
What a beautiful floating candle B).
Comment:
These two lines are clearly quite meaningful... floating candle round #2!
Comment:
Closed above resistance... should be exceedingly difficult to continue climbing from here.

I expect maybe a couple tight candles probably holding above resistance for 2-3 days, then it should eventually break and close under and continue falling.

Data analyst with a passion for best fit lines B)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.