SPX 2020-AUG-04
SPX has definitely slowed it's pace, as questions about sustainability of the run begin to increase. This close to the previous high water mark; I think it's only logical that we will continue to see a grind up to that mark before a true decision is made. Personally, I think it's insane we ever got this close.
Trend: Rising
Orange Dotted Line: Previous High
White box: Previous resistance now acting as a support
Trend: Rising
Orange Dotted Line: Previous High
White box: Previous resistance now acting as a support
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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.