SPX Daily bounce underway?
Price abruptly started weekly consolidation after failing the bull flag.
I expect the price to continue bouncing until we find a daily lower high.
For the bounce to start, surpassing the previous day high at 5,487 is a must.
Can we hold the last week low at 5,386? otherwise weekly consolidation will continue.
I expect the price to continue bouncing until we find a daily lower high.
For the bounce to start, surpassing the previous day high at 5,487 is a must.
Can we hold the last week low at 5,386? otherwise weekly consolidation will continue.
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