A few things to consider - Horizontal resistance (head and shoulders neckline) area has been reached as well as the daily 18ma at 4340 on SPX. If we are going to pull back, this area would be a prime spot. We could travel a little higher, but a gap down tomorrow on some "news" would not surprise me. A "B wave" down from here could take a while - they are in three waves and are usually very choppy, so keep that in mind. A slightly lower low would create panic among some, but with the RSI being a daily bull divergence it would likely be a bear trap and we go higher into the holidays. Good luck!
Yorum:
NQ back to it's trendline, Should see more selling than SPX if I'm correct
