A quick update to my last S&P 500
idea where I called for a breakout rally to 2620 before getting sold off (see it here
). The chart above remains the same. I think we are seeing that very false breakout on a bullish wedge
at 2600 on the hourly charts. There is a chance the bulls can take it to 2620 before selling it off, but that is less likely.
Be prepared for a reversal today.