SPX Update - last days of 2023

27 Ara 2023

All in the video, sorry my voice is recovering so it's a short video. Creeping higher is likely, but a break below 4770 would be more interesting for bears. IWM is at strong resistance.

28 Ara 2023

Not

good morning, looks like they broke trend, but they can float around here and keep testing the line (and go higher) into Friday. I break below 4770 would be more significant.

29 Ara 2023

Not

good morning, looks like they are going to sell the last day of the year. Small caps leading the move down.

29 Ara 2023

Not

SPX is at an important support zone, it may bounce weakly from here for the rest of today.

29 Ara 2023

Not

lost support, so that will now be a resistance level. OK here are a few shelves of interest, but I think the correction is here and we go to 4770 minimum.

29 Ara 2023

Not

here's an idea if they want to revisit the previous structure. Plenty of room on the rsi to drop this much. SPX (cash)

29 Ara 2023

Not

back to resistance. BTD still alive but next week on tuesday may look different if this level holds back price into Tuesday.

29 Ara 2023

Not

IWM bearlag broke down at the end of the day so I expect more selling into next week. Have a happy new year and see you in 20241