Monday, September 14, 2020 10:07:45 AM
"Market-wise, SPX has now Formed a Pattern that could be Significant"
http://www.pretzelcharts.com/
"I started writing a piece about bias, as bias is always relevant in trading (and in life), which I intended to include in today's update, but I couldn't quite get it finished in time for the open -- so keep an eye out for it to be published later today or tomorrow.
Market-wise, SPX has now formed a pattern that could be significant:"
"Bigger picture, SPX remains below first key resistance:"
"Friday, SPX was unable to break out of the near-term downtrend channel. Futures suggest it will try again at today's open:"
"In conclusion, SPX is in a pattern inflection zone, and as simply as possible: Bulls need to put a bounce together here. Much lower and they could face a significant decline. Trade safe."
http://www.pretzelcharts.com/
"I started writing a piece about bias, as bias is always relevant in trading (and in life), which I intended to include in today's update, but I couldn't quite get it finished in time for the open -- so keep an eye out for it to be published later today or tomorrow.
Market-wise, SPX has now formed a pattern that could be significant:"
"Bigger picture, SPX remains below first key resistance:"
"Friday, SPX was unable to break out of the near-term downtrend channel. Futures suggest it will try again at today's open:"
"In conclusion, SPX is in a pattern inflection zone, and as simply as possible: Bulls need to put a bounce together here. Much lower and they could face a significant decline. Trade safe."
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