The day started with the sellers out in force for the first half of the day, then the buyers stepped up and moved the SPX back into the green and we closed at the highs of the day. Up $6.75 at the $2654.80 level. We continue to work on this "E" wave lower.
We closed just below support of the 20 day MA today. Indicators remain mixed, but are slowly trending lower.
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Tuesday, May 1, 2018
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