On to the lie -
Looks like a gap up open to set yet another island gap situation. I'm still leaning for consolidation waiting for catalyst to ignite breakdown.
SPX 10m - Consolidation.
SPX 60m - For the gazillionth time a wedge has broken down and gone into failure backtest mode - will they thwart yet another beautiful bear setup?
More to come below.
Have a good day.
GL and GB!
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