$SPX. short-term trend remains down until 20EMA can cross back above 50MA

$S&P 500(.SPX)$ bounced off its 61.8% Fibonacci level and closed back above its 200MA point at 4245.31 but is now coming into the trend line resistance.

The short-term trend remains down until 20EMA (yellow line) can cross back above 50MA (pink ) and 50MA begins to flatten and slope up.

We have entered the more bullish seasonal period of the year and with the FED ending its hike cycle and 10-year yields $10-YR T-NOTE - main 2312(ZNmain)$ coming down, there is a good chance we can end the year higher.

The best five days of the year are the five trading days after October 27th.

Huge gains the first four days, with one more to go tomorrow.

@CarsonGroupLLC

Did Mike Wilson become the new Jim Cramer?

@Barchart

After-Hours Earnings Summary - 11.2.23

$Apple(AAPL)$ | EPS beat Revenue beat (-0.66% )

$Booking Holdings(BKNG)$ | EPS beat Revenue beat (-4.88% )

$Coinbase Global, Inc.(COIN)$ | EPS beat Revenue beat (-3.94% )

$DraftKings Inc.(DKNG)$ | EPS beat Revenue beat (+7.28% )

$Expedia(EXPE)$ | EPS beat Revenue beat (+8.60% )

$Block(SQ)$ | EPS beat Revenue beat (+19.01% )

@CmgVenture

What’s your trading plan?