$SPX Update Major Resistances and Right Shoulder Forming
Just an update on SPX before the market open today.
My thoughts are this week is the week. We should see the start of the next leg down in the SP500. The fundamentals are all signalling strongly a recession. However, if the market rips up it will because of market makers chasing the stops of the logical fundamental trader lol. Invalidation is last weeks peak.
My thoughts are this week is the week. We should see the start of the next leg down in the SP500. The fundamentals are all signalling strongly a recession. However, if the market rips up it will because of market makers chasing the stops of the logical fundamental trader lol. Invalidation is last weeks peak.