Break point lower for SPX following 7 days up in a row?

Strong channel up is being challenged this session open - watch for market to trade sideways from here

Kommentar:

To expand: today chose to bounce off of the channel lower bound like prior 2 days, however sellers showing resistance at 2350 drove the price down again - bearish signal. 2350 is a key mental level, and recommend selling SHORT here for an aggressive entry, or waiting for momentum to turn before setting short entry price.

Trade geschlossen: Ziel wurde erreicht