yes...MM's and other ex-hedgies acting as indies now who have just as much access and power to influence a trend. Let's see how they continue to work the 20. What the 1mo chart shows is the SP is now challenging the downside 20 play through the recent sideways action of the last ~ 17 trading days. Now they are meeting head on and something has to be decided. For me, I like the chances of some capitulation action here soon. It's the next logical progression. And a nice piece of news can only intensify that potential.
and thanks to others for kind remarks. From my POV, this company seems just too solid and shored-up right here On almost every level to envision any more down-trending from here. gl
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