whilst the 34 dma essentially capped the move up on the spx, there is a ton of support at about 1330. that may hold the downtrend for now and then allow the spx to race back up to about 1425 to complete this rally (options expiry??). these are just my guesses.....and i just scalp, so matters not if i'm wrong i guess. :)
hmm....what's a part-time poster worth? i'll think about it and send hc my bill.
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