SPX ( S&P500 ) as of November 17, 2020: SPX decreased by 17.38 (-0.48%) points.SPX made higher low with a Doji candle. The index takes a pause in its upward journey and the Doji represents indecision on the side of both buyers and sellers. But it may also be a time when buyers or sellers are gaining momentum for a continuation trend.
The index tested the breakout point but closed outside the rectangular box.
As we told yesterday a higher low(HL) will not jeopardise the current uptrend.
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