S&P 500 IndexShort
SPX Gaps Up and Fades
The gap up today brought price higher and for much of the day price was in strong territory. But like the NDX, when the big boys came out to play late and the day, price lost momentum. This pattern has not been favorable for the most part.
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Related publications
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.