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SmartReversals📈2025-10-14 05:35:14
$SPX: The bounce was likely given the oversold conditions reached on Friday for breadth indicators, as posted in the Weekly Compass.
The inside candle shows indecision after finding resistance at the 20DMA. That hurdle needs to be overcome for 
continuation. Watch levels. 
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CyclesFan2025-10-14 04:20:53
$SPX was up big today but at the intraday high it found resistance at the 20 day MA and closed below it. A close above the 20 day MA could mean that this was another pullback like the one that ended on Aug 1st. On the other hand, a close below the 50 DMA will confirm a downtrend.
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