mixed signals yes.....I have the SPX bouncing off horizontal and trendline support from the low last night...(not far of course)...nice little doji as well (they're not sure what to do next either)....daily macd could go either way....DOW has arguably hung on to some horizontal support but not the trendline....and daily macd not looking good at all...closed below 8000 again....DOW trying to drag the whole market down but not following (yet)?
Bottom line, if you were expecting a bounce this would be a good place.....and probably due...how about up for a few days to hit the downward sloping trendline created by the 5th Nov + 6th Jan highs and down into a double bottom on the 12th Feb...I still like the 55 trading days thing
as for the SPI....unfortunately a hangover follows a party....but lets party hard and worry about that tomorrow
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