This is the 4hr chart for SPX. The red dotted line is where the 200d SMA is sitting at the moment.
Either we go through the SMA level and flip it to support for cheering Bulls or we complete that bear flag and continue the correction for cheering bears.
That gap was rejected two times, including today. No bueno.
What are you betting on? 🐂 vs 🐻
Either we go through the SMA level and flip it to support for cheering Bulls or we complete that bear flag and continue the correction for cheering bears.
That gap was rejected two times, including today. No bueno.
What are you betting on? 🐂 vs 🐻
Dad, trader, technologist, cyclist, and a modern stoic who loves dachshunds, espresso and landscape photography in no particular order.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Dad, trader, technologist, cyclist, and a modern stoic who loves dachshunds, espresso and landscape photography in no particular order.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.