$SPX price is approaching to resistance levels
$.SPX(.SPX)$ : +0.61% with a bullish candle, price is approaching to resistance levels. Technically speaking there are some elements to watch:
⚠️ $Cboe Volatility Index(VIX)$ green as well: +1.5%
ℹ️ Stochastic entered to overbought zone
ℹ️ Price clashed with the higher Bollinger Band
Don't expect a straight line up in December, if price continues moving up, the chart shows pullbacks to the 20DMA when the higher band is touched like today.
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$Invesco QQQ(QQQ)$ - The 20DMA is the minimal destination after this Bollinger breach.
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