SPX is in a rising channel for Oct 22, and it seems got a support from bottom line. But will it survive and continue rising? When I consider macro economics and global situation, it is not looking good and after we spend some time close to bottom line it will break and go down. Let's see :)
Comment:
SPX broke the support line and closed below with a bearish candle. Now I think we are in a bearish trend. I am curious where will be the bottom.