An excellent day on the markets as the SPX closed up a whooping $70.03 or 2.72% at the $2658.56 level. I did add lines for the triangle as odds are suggesting that we could be done with the "C" wave lower this morning which means we are now working on the "D" wave higher.
We got a close back inside the expanding Bollinger bands but we remain below resistance of the 20 day MA. Indicators are trying to roll over to full buys from over-sold territory
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