SPX Taking on Water

"Danno" Sheehy

The S&P 500 Index (SPX) ended last week in a pretty bearish position on Friday. Please observe the chart below. Three things occurred on Friday that put bulls back on their heels going into this week’s trade. Firstly, SPX closed below the 50.0% level of the ascending channel we’ve been tracking, which originates from February […]

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"Danno" Sheehy

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