Things are about to get interesting for SPX.
We are about an hour away from closing bell on December 1st, and we are red for the day so far... BUT we gapped up and touched 4100.51 as the high today so far.
Based off this chart and channel/trendline, we are coming to a critical area of resistance. What does that mean though? Are we going to push through or get a massive rejection over the next few days?
All I know is that we are going to have a hell of a Lotto Friday tomorrow!!!
(Can you get much closer?)
Make sure to follow me on YouTube and Twitch for my Pre-Market streams for charting on SPX and SPY everyday.
Comments