Community discussions



To this point, SPX is still rejecting the bull flags upper trendline.
Today, we should get a confirmed rejection and continue down for a 4H higher low or we begin the breakout process and cross the trendline. I'm not confident we see an repeat of the last week today with another sideways chop day. unless the market truly doesn't have a grasp on if Powell will likely be dovish or hawkish.
Either way, in my opinion we should be seeing a move begin today.

