Wednesday, March 17, 2021

SPX Update

Last update "kept it simple," and that approach seemed to have been a good one, as, on the near-term chart, support held and indeed led to new highs:

While on the larger view chart, next resistance is acting as resistance (at least, on its first test):

Beyond what's on the charts (and the discussions of last few updates), there really isn't much to add at this point.  Keep in mind that today is a Fed day.  As an aside, please note that if you registered for the forum on Friday/Saturday/Sunday, you may need to reregister at the new URL (listed at the old forum), as I upgraded all the software due to sudden host issues with the old software.  This also set me back on confirming registrations, so please be patient -- thanks.  Trade safe.

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