2:24 - minis 1m - I think the 200ma is influencing price. Ya think!
After being up 8 when I went to bed last night, the minis are now down 1. No biggie, they just reset the 30m indicators so they would be nice and strong coming out of the gate as price backtests the old upper resistance diagonal. this 69 to 72 lever is proving resistance now, 79, 84 and 97 would be the resistance levels I see. To the downside (I know, why mention it when Ben has promised to manipulate the markets to eternity?) 58 and 54 are there to start in case reality should set in.
Off to the big blog - Good luck this week!
Morning Post 05/17/2024 SPX
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X is lit up this morning raging against the system.
Good v evil
On to the lie -
Minis flat. Struggling with double top resistance. At this point STB ...
16 hours ago