Thursday 28 January 2021

S&P500 at a critical cloud chart support zone on the 4H cloud chart.

S&P500 at a critical cloud chart support zone on the 4H cloud chart. Critical day ahead for the SPX to rebound from bottom end cloud chart support zone. The rally will remain ok as long as the price action is above the cloud. If the price drops below the 4H cloud the outlook changes from bullish to bearish on the 4H cloud chart.

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