quantguy

Stocks Edge Lower

Short
FX:SPX500   S&P 500 Index
Stocks have edged lower. We have broken through 3758 which we anticipated as a strong support level. We are getting intermediary support from 3714, confirmed by green triangles on the KRI. The Kovach OBV has slumped, but does appear to be rounding off as the S&P 500 finds supprt. If we dig deeper, 3627 will provide further support. If we are able to pivot, expect resistance around 3792.

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