The S&P has entered the danger zone (red box), which is based on the .618-.768 fib extension from the last pullback.
Looks like the rising wedge has impulsively been broken.
We could see it retest, and reject again, but don't be surprised if we have some red days into the new year.
Currently I am long the VIX, and Silver & Gold Miners
Looks like the rising wedge has impulsively been broken.
We could see it retest, and reject again, but don't be surprised if we have some red days into the new year.
Currently I am long the VIX, and Silver & Gold Miners