SPX 2020-AUG-04

SPX has definitely slowed it's pace, as questions about sustainability of the run begin to increase. This close to the previous high water mark; I think it's only logical that we will continue to see a grind up to that mark before a true decision is made. Personally, I think it's insane we ever got this close.

Trend: Rising
Orange Dotted Line: Previous High
White box: Previous resistance now acting as a support