Good morning traders. Basiclly im still short from yesterday top = 61.8% retrace = 12370.
Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here.
2 options on the table. SPX bounce once again. could leed daxi back to 12400.
SPX breaks 200MA down. daxi RED.
watch the fib lines for possibale turn point + the orange pivots as usuall + add killing zone - in bright boxes.
Drive smart !!
Our Problem is SPX is keep bumping the 200MA on the 1hr chart. and hold. So daxi stuck here.
2 options on the table. SPX bounce once again. could leed daxi back to 12400.
SPX breaks 200MA down. daxi RED.
watch the fib lines for possibale turn point + the orange pivots as usuall + add killing zone - in bright boxes.
Drive smart !!
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THE spx problem
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200ma = blue line