SPX getting close to turn
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We may have one more up, or we start falling today. The trendline is an area, so we may have already touched the area the market wanted (4k).
Under 3900 and the bears are likely going to push it back down to the CPI low and fill the gap on the cash charts. Holding 3900 on any pullback and we probably reach up for 4080-4100 later in the week. I think a pullback comes today, how much is uncertain.
DXY is at support here so I'm thinking it MAY move up this week.
Good luck!
Under 3900 and the bears are likely going to push it back down to the CPI low and fill the gap on the cash charts. Holding 3900 on any pullback and we probably reach up for 4080-4100 later in the week. I think a pullback comes today, how much is uncertain.
DXY is at support here so I'm thinking it MAY move up this week.
Good luck!
Kommentar
Shooting star on daily. Needs follow through tomorrow to confirm a top. 
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