What are your thoughts on a possible bounce from here? The SPX is pulling away from its intermediate channel (green) and coming up against strong resistance at 867. Could be in store for a rally? If resistance at 878 is broken then there could be a siwng to the upside before resuming the downward momentum.
By the way this isn't my chart.
tentative thursday, page-11
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Last
8,295.1 |
Change
68.800(0.84%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,226.3 | 8,319.4 | 8,226.3 |
| XJO (ASX) Chart |