The #S&P500 have broken the top line which was the highest and at the same time a past #Squeeze of #Buyers. Now we see people taking their profits and some strong moves happened twice during the opening hour of the #Americanmarket.
The black arrow is the direction of the market and probably the most important point to observe during this coming week.
The green and the red arrow are showing potentiality for a pull back up to hit sellers stop loses. And in the other hand, a break of the super up #trending red line #support, opening the doors or the step by step fall in price.
Probably better to: 1 week to observe as there is a high #probability to see false movements to hit stops and the week after to act with the #marketflow! As the battle field will be emptied already, probability to see more clarity in the movement as well.
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