Its easy Identifiable from the
SPX
charts, that the SHORT sellers want to keep the Index below the Red trendline the moment it touched it.
Investors or we better call it the BULLS, want to change this scenario quickly and want to take the S&P500 out of this trading range shown in charts.
Tomorrow could be a make or break day, but always remember Investors (the BULLS) win in long term, so we might see this range being BROKEN on the higher side very soon.
Regards,
Anshul
SPX
charts, that the SHORT sellers want to keep the Index below the Red trendline the moment it touched it. Investors or we better call it the BULLS, want to change this scenario quickly and want to take the S&P500 out of this trading range shown in charts.
Tomorrow could be a make or break day, but always remember Investors (the BULLS) win in long term, so we might see this range being BROKEN on the higher side very soon.
Regards,
Anshul