S&P500 supply retest resulted in no supply coming in
Last 3 days on S&P500 have been testing for supply at former ATH from Jan-Feb 2018. No supply came in!
This is bullish in my eyes because the onus is on the bears to come in provide supply. Of course, this theory get's invalidated if we break & close below the April wedge support line.
This is bullish in my eyes because the onus is on the bears to come in provide supply. Of course, this theory get's invalidated if we break & close below the April wedge support line.
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