The SPX is still flirting with the shorter-term bullish fans, which is why I have not been posting this chart everyday, not much was happening on it until this morning where any breakdown now on the SPX would loose support of the last green bullish fan, with next support on the gray fan in the 1150 area.
Click here for a live and updated chart!!!
No FED intervention today with more POMO dollars being spent propping up the markets. This will be interesting to see how the SPX handles a lack of bullish manipulation by the Government.
No FED intervention today with more POMO dollars being spent propping up the markets. This will be interesting to see how the SPX handles a lack of bullish manipulation by the Government.
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