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Thursday, June 21, 2018

Thursday after the close

The SPX had another bad day today losing $17.56 finishing at the $2749.76 level. We came really close to making a lower low. We need to break out of this pattern on corrections once again.
We finally got a close below the 20 day MA, all indicators remain on full sells.

Thursday update

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The SPX opened gap this morning and quickly filled the gap and kept moving lower, currently we are down $14.77 at the $2752.55 level. We are still above the 1st wave high.

Wednesday, June 20, 2018

Wednesday after the close

We did make a higher high today as we closed up $4.73 at the $2767.32 level. We still have not over-lapped the 1st wave high.
Today the price action never tried testing the 20 day MA, indicators are starting to get mixed.

Wednesday update

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The SPX opened gap this morning for a change, the gap does remain unfilled so far as the SPX is currently in the green, up $8.60 at the $2771.19 level. So far we still have not made a higher high.