steviebaugh

End of the bounce

Short
SP:SPX   S&P 500 Index
Yesterday, SPX broke the RSI support that has been holding since the bottom. Today's drop was good confirmation that we're going down some more, as we broke the existing upward daily trend.
Hoping we retest bottom again. I'm closely watching if we can break through the .5 Fib, Bulls regained some ground today in the final 10 minutes of trading.
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