A Double Top at SPX 4300.
has reversed the stock market's rally,
at very important intermediate chart resistance.
Note the new Sell Signal in the 15 Minute KST Indicator,
which is making new period lows today.
The market is now probing for a potential double bottom near SPX 4260.
Note; The blackened skies around New York/Connecticut this afternoon,
from Canadian wildfires has added an ominous surreal setting to the whole day.
Market Interpretation = Move To Short Term "Bearish"
SPX CLOSE 4267.52
THE_UNWIND
WOODS OF CONNECTICUT
has reversed the stock market's rally,
at very important intermediate chart resistance.
Note the new Sell Signal in the 15 Minute KST Indicator,
which is making new period lows today.
The market is now probing for a potential double bottom near SPX 4260.
Note; The blackened skies around New York/Connecticut this afternoon,
from Canadian wildfires has added an ominous surreal setting to the whole day.
Market Interpretation = Move To Short Term "Bearish"
SPX CLOSE 4267.52
THE_UNWIND
WOODS OF CONNECTICUT