SPX marginally broke above the red line and is approaching the MA50 at around 1809 (Chart 1). Chart 2 tracks the squiggles since the low.
[955 am] SPX update -
SPX gaps above the blue line (Chart 1) back into the Dec-Jan trading range, but is approaching the red line (Chart 2). One of the lines will break. Which one? See charts.
[645 am] ES update -
Overnight retest of the red line. See charts.
