SPX QUICK UPDATE: Selling the Rip??

in #stocks5 years ago (edited)

https://s3.us-east-2.amazonaws.com/partiko.io/img/heyimsnuffles-spx-quick-update-selling-the-rip-clhhiac8-1543856552542.png

SPX gapped up over the G20 news over the weekend (I guess) and look where it stopped and is selling off at... 2810ish.

2810-2820 is massive resistance. The 200 day moving average is also trading at 2775, another massive point. If the market fails here, and I think it does, you better GTFO of the way. If this last 1 week rip is sold then the overall market is in massive trouble.

Key point here over the next days and weeks.

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