S&P 500 testing resistance of down channel
Updated
S&P testing the resistance side of the regression down channel. Watch this channel today for a break out or rejection.
Note
Bulls working hard todayNote
12:28pm and the bulls are stampeding todayNote
End of day. It dropped out of the rising wedge during later afternoon selloff. Updating the regression channel shows that the mid-line is now where the previous edge was and the price is still in the channel. I will be watching for a possible sell off tomorrow.Note
Wednesday 12:07pm
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