SPX: bear flag or FED good vibes?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 🐻