I was going to post the chart below on twitter last night but became dispirited and went to bed after my main computer crashed for the eighth time. I was showing the possible double-top setup on SPX that was forming yesterday as SPX was repeatedly failing to make a new high. This setup might break down today to retest broken double-bottom resistance at 1792.22. My overall lean for the rest of December is bullish but this needs to be borne in mind today. SPX 15min chart: (more…)
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