SPX approaching decision point
Demark pivot R1 at 2907. High trendline intersection in bear (bull?!) flag at 2903. Bullish algos- can they drive it through resistance to break up?
Now we have a double-double top and three drives to the top. Have been fooled before but this sure looks overbought.
Maybe going to the Moon... or headed for a timely pivot reversal.
As always this is not investment advice its a fun post for education and amusement. Good luck!
Now we have a double-double top and three drives to the top. Have been fooled before but this sure looks overbought.
Maybe going to the Moon... or headed for a timely pivot reversal.
As always this is not investment advice its a fun post for education and amusement. Good luck!
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