View: slopechart_$SPX.jpg

SPX 

20/50/200 SMA shown 

Maybe bad news bears. 

Super fib bounced. (so far) 

Under 20 day but closed back above 50 day. Did not test trendline like it did a month ago. (yet) 

It ocurred to me that this index reminded me of a Bitcoin bull run with the manner in which it is absolutely refusing to go anywhere near the 200 day since 6/29/2020. (16 months!) That is quite the run. 

I don't do a lot of SPX charts but I am interested in what happens here so I am sort of documenting for posterity.