"...Near-term, SPX is still holding the recent swing low, though it did dip below red again -- which can sometimes be a sign that buyers are running a little thinner, so bulls should stay on their toes here:..."
Not much has changed since last update, since SPX didn't break any new price ground on Friday, so I recommend rereading that update if needed.
Near-term, SPX is still holding the recent swing low, though it did dip below red again -- which can sometimes be a sign that buyers are running a little thinner, so bulls should stay on their toes here:
Big picture, it will be interesting to see if the major breakout (blue, then black) gets challenged:
In conclusion, not much more to add since Friday. Trade safe.
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