So a few markets now are testing resistance zones.
COMPQ, as previously discussed:
NYA:
And SPX:
We do not yet have any impulsive declines to form a more concrete opinion, but if resistance behaves as resistance (which it does not always do -- otherwise, there would be no bull markets, just centuries of sideways grind), the market may pause/correct a bit here. We'll be on alert for an impulsive turn to signal whether that's going to happen in this case or not. Trade safe.
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