- Honestly...no clue. It was a swift down once first support (1290) broke and it is just as quickly back above it.
- Above all moving averages (good) and trying to push through the congestion area to the left.
- The MAR down move pushed down to reveal a parallel channel line (drawn today) compared to the rising wedge shown on previous posts with this chart (17 MAR).
- Day by day.
- Below, impact by sector for unemployment (jobs) during the recent recession.
A bearish OPEX
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US equity indexes closed significantly lower, SPX -78pts (1.3%) at 5870.
Nasdaq comp' -2.2%. Dow -0.7%. The Transports settled -1.5%. R2K -1.1%
SPX - dai...
23 minutes ago
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