Suspect though the holiday week activity is, here is the SPX continuing to break above the line where most of the money that thought is was smart sold in May. That is a resistance line being broken and that is a MACD having never triggered down and now gone 0+.
On the downside for bulls, it could be an A-B-C upward correction. There's the next resistance zone above.
http://www.biiwii.blogspot.com
http://www.biiwii.com
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On the downside for bulls, it could be an A-B-C upward correction. There's the next resistance zone above.
http://www.biiwii.blogspot.com
http://www.biiwii.com
Subscribe to NFTRH or
Subscribe to the free eLetter
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