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Hey guys,

So we remember when the S&P 500 broke out to new highs and it was going to be good nIght, that was all she wrote?

Remember Trumpdawg telling us all how great his policies were for the economy?... Even though the stock market, let alone an index made out of the top end of the stock market, has nothing to do with the economy itself.

Well look at where price has come back to today:

SPX Daily 1

Yep, that’s a perfect retest of the breakout resistance zone, this time as resistance.

Here’s a clearer view of the most recent price action:

SPX Daily

Don’t overlook the big indices. They’re beautiful markets to day trade.

Peace ✌🏻.

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@forexbrokr | Steemit Blog

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