The_Chart_Pattern_Trader

Counter Trend on SPX as long as price holds above the cloud

SP:SPX   S&P 500 Index
As long as the cloud holds we have a bullish reversal of conditions counter trend. This rally will fail the 20 day MA or the 50 % fib retracement. New video about this at thechartpatterntrader.com A tradable bottom at the next low for a larger counter trend.
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