Last Friday we had another retracement and SPX close is now near the 20MA and also sitting right at the trendline.
Today's closing will be an important point to watch and if it breaks down from the trendline, traders will be shorting it until the 200MA support probably
Do follow us at our Telegram channel:
t.me/nimbustrader
Today's closing will be an important point to watch and if it breaks down from the trendline, traders will be shorting it until the 200MA support probably
Do follow us at our Telegram channel:
t.me/nimbustrader