SPX still within channel. Yesterday

    Posted by rareto25 on 17th of Mar 2022 at 09:27 am

    SPX still within channel. Yesterday after hours tagged the down channel

    correct it hasn't broken that

    Posted by matt on 17th of Mar 2022 at 09:34 am

    correct it hasn't broken that trendline, but there are multiple trendlines one can draw from various points. 

    anyway we were epxecting a pullback early today - now the 'bulls' need to hold those broken trendlines from we should yesterday and of course stay above that higher low formed after the FOMC

    again the bulls just barely held the football yesterday almost fumbled it, but there was no overlap. Now the bulls need to hold it and make a play.

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