SPX lost momentum over the holiday trading week and it starts 2017 below the Fast daily MA line.
RSI momentum is bearish and 3 bearish Price Action patterns were triggered.
This week is Jobs week.
We may see pullback higher to re-test the MA line (as resistance) or even a double top.
First bearish opportunity in 2017
Focus Zone - 2250-2260
RSI momentum is bearish and 3 bearish Price Action patterns were triggered.
This week is Jobs week.
We may see pullback higher to re-test the MA line (as resistance) or even a double top.
First bearish opportunity in 2017
Focus Zone - 2250-2260