After last night, looks like the SP500 wants to head down to the...

  1. 3,414 Posts.
    lightbulb Created with Sketch. 221
    After last night, looks like the SP500 wants to head down to the bottom of the channel and fill the gap.
    What we might see is a spike through the channel bound and then a close above it.

    If it closes below it, then God help us all.
    Just kidding. But it wouldn't be bullish.
    (There are 3 more unfilled Gaps-up on this chart)

    https://hotcopper.com.au/data/attachments/6104/6104248-a4ac3ed7e32c3992614db77e3c8480ec.jpg

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.