Sunday, March 10, 2019 3:47:01 PM
$SPX Sup/Res history.
Friday's bounce was no surprise: price hit the strongest $SPX support level that exists then did a little bounce.
But ... it has broken below that level several times.
So why not again, then the next lowest and the next lowest; then maybe even below the 50% Fib level? Broke through that in December, so why not again in March?
Friday's bounce was no surprise: price hit the strongest $SPX support level that exists then did a little bounce.
But ... it has broken below that level several times.
So why not again, then the next lowest and the next lowest; then maybe even below the 50% Fib level? Broke through that in December, so why not again in March?
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