Wednesday, December 30, 2020

SPX Update

 I have to take my middle son for a doctor's appointment early this A.M., and there's been little change since last update, so brief update today.  SPX is right against the IT resistance line again:

And against the comparable near-term line:

If it can't push through on this trip and gets rejected, then it would probably visit the C1 zone again.  If it can sustain a break out over, then it may have some room to run up toward 3790-3800 next.  Next time we talk will be 2021, so have a safe and prosperous New Year.

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