[SPX] LOL Cleared Entire 5Y Peak Channel EXACTLY in Just 2H!

Bounced right back up to the bottom of my horizontal S/R box too.

Yawn...

Commento:

The bottom of that channel is solid af, lets hope Price doesn't break below THAT ;)...

Commento:

UVXY at an RSI X-roads right now. I think we break up and stick to uptrend here...

Commento:

Price struggling to get back into 1Y Peak Channel (magenta)...

Commento:

RSI still got a lot of Selloff room especially if we break under RSI support...

Commento:

SPX increasing while UVXY trends sideways... markets won't be holding this bunce long...

Commento:

Who coulda guessed we'd retest the top of the 5Y Peak Channel haha AND that the bottom of the 1Y Peak Channel would be a key point as well...