S&P 500 Breaks Out of Consolidation Pattern after ABC Correction
The S&P 500 shows that risk-on trading is still resilient. It has held above a key pivot at 1386.90. After an ABC correction, the index rallied sharply back above the 200-Hour SMA, and above a projected resistance that was going to shape the market in a declining channel if it held. As you can see...
FF News: Technical