The S&P Futures have broken their short-term uptrend line, and backtested it overnight.
RSI support is in play now. The market's behavior around this RSI trendline during the afternoon will give us a signal on the next move (to 3024, or 2960).
I'm thinking the RSI trendline holds for now, but we won't know for sure until the closing bell.
RSI support is in play now. The market's behavior around this RSI trendline during the afternoon will give us a signal on the next move (to 3024, or 2960).
I'm thinking the RSI trendline holds for now, but we won't know for sure until the closing bell.