Looks like on the $SPX

    Posted by rmoore100 on 10th of Jan 2025 at 04:12 pm

    Looks like on the $SPX we ended up closing today right at the weekly 20 EMA.

    Yes but quite rare historically

    Posted by steve on 10th of Jan 2025 at 04:13 pm

    Yes but quite rare historically for the market to bottom on a Friday but let's watch Monday closely for positioning. Will update levels this weekend with bears holding control. Important week upcoming with onus squarely on the bulls. Caution here until evidence changes.

      

    Posted by rmoore100 on 10th of Jan 2025 at 04:19 pm

      

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