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- Heisenberg
May 24, 2025 at 05:17 am
Next week will be interesting on a technical basis. $SPX is back to red ytd. Also tested the all important 200dma today and bulls barely hung on, for now. Usually price doesn’t like to just sit around the 200 day. After going up 17 of last 20 days in a rip roaring unabated V - Sven Henrich
May 24, 2025 at 04:12 am
In the video above I highlighted the weekly 20MA as one of the key bull/bear control pivots. Today $SPX backtested the weekly 20MA and so far it has held as support. Next couple of weeks likely key for confirmation either way. For full context see the discussion above. -
- amit
May 24, 2025 at 02:04 am
$SPX was down 1.5% its now down 0.3% if we go green before the long weekend… Moody’s, 20yr bond auction, 50% EU tariffs nothing is stopping risk on appetite for now…and maybe that is because the tutes are using any dip to get an entry after missing the +25% move last month - EliteOptionsTrader
May 24, 2025 at 12:32 am
- EliteOptionsTrader
May 23, 2025 at 08:00 am
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