Hello Everyone,
No change in trend (lower lows and lower highs) but now SPX/QQQ/DIA are all becoming compressed down with 5 consecutive lower closes for the SPX. SPX/QQQ Daily RSI have now also reached oversold area where on must be on the lookout for a reaction bounce.
ES Levels posted in trading community but bulls want to reclaim 5064 for upside with initial support 5040.
Please take a moment to look at the trade ideas.
