$SPX - Chart Link - keep it very simple
here bulls would prefer to see price consolidate/backtest upper
thin channel and then start to breakout once again to new
highs.
If price closes below 3800-20 and the channel line that is a
WARNING SIGN of a potential larger correction with confirmation on
a break of the previous lows at 3723
SPX Daily View
Posted by steve on 21st of Mar 2021 at 01:06 pm
$SPX - Chart Link - keep it very simple here bulls would prefer to see price consolidate/backtest upper thin channel and then start to breakout once again to new highs.
If price closes below 3800-20 and the channel line that is a WARNING SIGN of a potential larger correction with confirmation on a break of the previous lows at 3723
Thanks for the great coverage
Posted by fundamentalvalues on 22nd of Mar 2021 at 07:32 am
Thanks for the great coverage Steve. Keeping it simple like this is exactly why I'm here..for my personal plan accountability.