Wednesday, February 9, 2022

Morning Post 02/09/2022 SPX

Good vs evil 

On to the lie - 

Looks like they’re not quite ready to kill the market. The close yesterday over the 20ma may just be the directional clue we needed. Minis up 40. Suckers get ready? Now I want to see if they can save the 20/200 bear cross. If so the move up here is gonna be pretty epic. Maybe there’s enough shorts lined up for slaughter. Market isn’t out of the danger zone by any means. Maybe the RS needs more work? Plenty of resistance ahead. Potential for consolidation under 4600.

More to come below. 

Have a good day. 

GL and GB!

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