ORIGINAL POST: 9:25 AM
We’ve been studying a growing channel on SPX since 1266. If this morning’s futures action carries through into the opening and takes prices out of the channel, I’ll consider dumping our longs.
Here’s what I’m watching:
It’s a little early to say, but the SPX channel might also morph into a rising wedge.
continued…
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |