Looking for a bounce off the top value area (blue line) to ~$47. If market continues to slide, I think it likely comes back down. If it breaks that top trendline, potential for new ATH.
50/50 up or down in my opinion - looking for a big move after the long weekend either way
Recently broke out over trendline going back to the great depression...
Difficult to be a bear right now - but I think it's time for SPX to take a breather. Would love to hear your opinions.
