[SPX] Retesting the 5Y Peak Channel... Explode/Collapse?
This could be a solid place to long from once we get a clear retest and bounce back up.
Could also be a great place to short from if we break under the top of the purple box but probably we're going sideways to up here at least for the beginning of this week.
Market internals and liquidity still supporting long positions for now, that may change by EOW though.
Could also be a great place to short from if we break under the top of the purple box but probably we're going sideways to up here at least for the beginning of this week.
Market internals and liquidity still supporting long positions for now, that may change by EOW though.
Comment:
Put/Call Ratio gettin dangerously low in the FW here...
Comment:
Got a nice little megaphone to end the day!
Data analyst with a passion for best fit lines B)
