I have been holding a very bearish view on S&P 500. However, today's breakout of the expanding triangle is quite bullish. Let's see how the market react these 2 days.
RSI still have divergence. Oil is still dropping. holding bearish view on this index for now.
Komen
bdbbuddy19
⋅
breakout was on weak volume. Thoughts?
pipstrading
⋅
yes. break with decreasing volume. but still have not seen any reversal signal yet. Today will be critical.