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Re: None

Monday, 06/12/2023 9:20:38 AM

Monday, June 12, 2023 9:20:38 AM

Post# of 5606
"This is the last potential hurrah for Blue 2:"

http://www.pretzelcharts.com/

"Since last update, SPX rallied up to a near-perfect test of the aforementioned horizontal resistance zone (4326) and stalled for the rest of Friday's session. This is the last potential hurrah for Blue 2:"



"The next chart expresses my overall thoughts:"



"Finally, a reminder of the red trend line beneath the market:"



"In conclusion, SPX has tagged horizontal resistance, which is where Blue 2 lives or dies. The second chart expresses my overall thoughts in more detail. Essentially, while I'm open to either outcome here, as I said last update, at this point, Red 2 would be more common to see as a resolution, given what came before. Trade safe."
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