Friday, January 13, 2023

MTU Weekend Update - 2022 Trend Line (1/13/23)

SPX is now probing the key resistance line since 2022, the 2022 down trend line.

Unlike the first two probes in Q1 and Q3 of 2022, the most recent probe in Q4 2022 has resulted in only a moderate pullback.  And now the index is attempting to fight it gain. 



 



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