Market closed right at resistance. you can see with the spx that its hitting 3 levels of resistance. 1 price resistance at 1300. Then 50 day moving average covering with the 20 day moving average. It tap tap tapped taht level all day today but usually such levels rarely break above on the first try. bottoms are a process never a 1-2 day thing. So if this is a bottom after a major breakdown then it might take a few days.
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