SPX is sitting on a very important trendline of support now!!Update, 9:56, The SPX has broke below the 50 MA
Update, 9:05,The Renko chart is also counting out really good and clear today. SPX is testing the 50 day MA, and the VIX has not yet broke through trendline resistance.
Update, 9:05,The Renko chart is also counting out really good and clear today. SPX is testing the 50 day MA, and the VIX has not yet broke through trendline resistance.*Russell just broke the October 2nd low, that eliminates some of the bullish options!!
This count is still holding up, breadth at the time is bearish, 3:1 decliners!!
This count is still holding up, breadth at the time is bearish, 3:1 decliners!!
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