$SPX - Will the bounce come at the 20DMA?
$.SPX(.SPX)$ - Every rejection from the higher Bollinger band has sent price down to the lower one, or to the 20DMA.
Will the bounce come at the 20DMA?
The Gap is likely to act as a magnet, and the oscillator is far from oversold (different from most of bounces). The key level to recover was analyzed today in the publication for everyone, access trough link in profile⬆️.
Next support if 20DMA is list: The 50DMA, nowadays it has has been decorative.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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Caution on the $.SPX(.SPX)$ - Every rejection from the higher Bollinger band has sent price down to the lower one, or to the 20DMA.