In my last post I was talking about an SPX target in the 4500 area as long as SPX stayed under the daily middle band. Since then we saw a short lived break above the daily middle band but SPX failed to convert that back to support and has delivered a new retracement low today.
I would note the open daily RSI 14 sell signal that I am expecting to reach at least the possible near miss target at 34-6 on the RSI 14 by the end of this move.
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