As seen on:
ntv-logo sky-logo

Topping leaves bias lower

S&P 500

An erratic, but negative consolidation Thursday, after Wednesday’s significant selloff through supports at 3108.25, 3103/02 and 3097/96, having rejected Tuesday’s move to another new record high (to 3132.5), to set the bias lower again for Friday.

  • We see a downside bias for 3090.75; break here aims for 3081.75 maybe 3075.75/72.5.

But above 3114.5 quickly opens

by Steve Miley November 22, 2019
1 3