MateuszP.Rydzik

S&P with Renko Thoughts

SP:SPX   Indice S&P 500
I would carefully watch this area here.
Today's close will probably touch the resistance line on the Wave Trend indicator.
There are 3 options :) We could see double top soon, the market can reverse anytime on some bad news or a big rally with ATH - who knows?

COVID cases start increasing in many states that re-opened.
Unemployment still in the 13% zone.
The whole job report today I think is just a temporary excitement to encourage others to invest at a higher level.

Watch out!

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