SPX reaction to March 2020's 161 - Follow up and forecast
SPX has retested the 161 of March 2020. Here was the first test.
Last month's big bull candle closed right on this level. Now we're trading a bit above it. If the 161 reversal theory is going to hold true, bears have to reject this attempt above the 161 and the following break of the big bull candle produce a strong fall.
Last month's big bull candle closed right on this level. Now we're trading a bit above it. If the 161 reversal theory is going to hold true, bears have to reject this attempt above the 161 and the following break of the big bull candle produce a strong fall.