The SPX is in a trading range between the 50 day MA, and the 20 day MA, the bulls need to get the price action above resistance of the 20 day MA to have a shot at making new highs.
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7:28, Odds are still favoring the SPX to be tracing out a "B" wave which can take multiple forms, from a simple zig-zag, to a complex corrective. The Dollar made another higher high overnight at $80.085 then reversed and is currently down at $79.515.
7:28, Odds are still favoring the SPX to be tracing out a "B" wave which can take multiple forms, from a simple zig-zag, to a complex corrective. The Dollar made another higher high overnight at $80.085 then reversed and is currently down at $79.515.
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