INITIAL POST: 9:20 AM
Between bank downgrades, the ADP report and a raft of bearish analogs floating around out there, it’s a tough day to buy the dip. But, that’s exactly what the charts, particularly a rather bullish analog, are telling us to do.
Look for the eminis to potentially tag the white .786 at 1782.63 and for SPX to bottom out at current levels (1785.91.)
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