SPX Gaps Up and Fades Short

S&P 500 IndexTVC

Description

⋅ Oct 19, 2016 1:08 AM

The gap up today brought price higher and for much of the day price was in strong territory. But like the NDX, when the big boys came out to play late and the day, price lost momentum. This pattern has not been favorable for the most part.

SPX (S&P 500 Index)sandp