Local market had a nice 50%ish pullback which proves nothing either way.
Most indices are typical of SPX shown below.
A bounce to but not closing above the BB mid line. That's a 20 sma.
RSI 50 holding as well.
So that's key for now.
A break higher would see SPX 1360 nearly at 50 sma, upper BB band and the multiple bottoms prior to the breakdown.
paddington's roaring out of the bottom friday, page-47
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