SPX now up to the 76 fib of the last big drop. If sellers are to come in, we'd usually see them coming in here. Through today we've seen some failure on the small charts of uptrend. Still very early to see how those develop but it's enough to make me cautious with my longs. All stops trailed tight.
Shorting here while we're under the 76. If it rejects here, it can be a rug. Stops right above the 76, would be back to long bias above there.
Shorting here while we're under the 76. If it rejects here, it can be a rug. Stops right above the 76, would be back to long bias above there.