Xjo 7320 was my fence tonight
Xjo gets through 7320 & it breaks another downtrend attempt (7345 is top of range before moving into the 7500+ range again)
Spx has to get through 4525 to make any bounce relevant
Markets might be going nowhere atm (for the past week) but if it can't solidify a downtrend, the short covering will keep pushing markets higher until it breaks out of the lower range
Dxy & bond yields continue to defy reality just to keep suppressing markets
Something has to give
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Xjo 7320 was my fence tonight Xjo gets through 7320 & it breaks...
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