trading

trading

Saturday 22 February 2020

The two support areas are very important. The first is at approximately 3330. If that is violated, then that could then target the next support area, which is at 3210 / 3220.

A sell signal in $VIX is to be noted, and if it were accompanied by a breakdown below $SPX support at 3330, that would be a potentially powerful bearish combination. For now, though, the bulls can still rescue upward motion, but they are running out of room.

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