Boca_Bobby Basics

[pennies2007]

The more I look at the S&P chart Boca, the worse it gets. I backed out and took a closer look and I see where we not only broke down out of the larger channel since May but we've also broken a key support level based on that yellow trendline. Dropped past it, came back up to test it and the test failed to move above it.

Still looking like we might be setting up for a minor bounce but I wouldn't be surprised at 1390 first.