INTERESTING DAY!
SPX 500, Daily SPREADEX:SPX
Hello,
I think today will be remembered.
SPX now is:
1- Standing just below the upper band of the upward channel.
2- Rejected the upper band of the upward channel.
3- Gold is slightly up, Vix is 1% up and oil is ~2% up.
4- Hormuz news are vague.
5- Yesterday closing signaled money is getting out.
I think today we will see a fast drop more than 1% and much more than that if Hormuz news fail.
Good luck!