Category Archives: Indexes

Breaking Back Over The Daily Middle Band

Breaking Back Over The Daily Middle Band

Breaking Back Over The Daily Middle Band

SPX broke back under the daily middle band on SPX on Tuesday, and confirmed the break below at the close yesterday. If SPX breaks back above the daily middle band today, as seems likely at the time of writing, then that will need a confirming close back above tomorrow. I posted the key declining resistance […]

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Another Friday, Another Inflection Point

Another Friday, Another Inflection Point

Another Friday, Another Inflection Point

Well, SPX has finally retraced over the last couple of days, and the bull/bear line that I’m talking about on the video is rising support from the April low. That was tested as expected not long after I recorded the video and that’s holding so far. On a break below, this rally has likely ended […]

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