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$SPX ( S&P500 ) as of November 17, 2020

Long
SPCFD:SPX   S&P 500 Index
$SPX ( S&P500 ) as of November 17, 2020: SPX decreased by 17.38 (-0.48%) points.

SPX made higher low with a Doji candle. The index takes a pause in its upward journey and the Doji represents indecision on the side of both buyers and sellers. But it may also be a time when buyers or sellers are gaining momentum for a continuation trend.
The index tested the breakout point but closed outside the rectangular box.

As we told yesterday a higher low(HL) will not jeopardise the current uptrend.

Happy Trading!

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