$SPX - Lack of Conviction, but Green is Green
$.SPX(.SPX)$ - Lack of Conviction, but Green is Green
The candle is indecisive, a reversal is possible but there are no solid references. Stochastic set a bullish crossover. Having a clear support as a reference for an exit is key when price action is giving mixed messages.
The key element to watch is the $Cboe Volatility Index(VIX)$ , it jumped +4.94% and also suggests continuation.
$SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
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