Bears are careful, the last 4 days had been slow, but if no buyers step up today, there will be no respect tomorrow. Do or Die for bulls today. need to see A daily HH today and closed higher, a weak close is not an option!
My comments are for entertainment/educational purpose only. NOT a trade advice.
Breakout would be more likely if bulls can touch the blue line above again.
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3 push up (red arrows) and always assume more up so one more push up then pullback as illustrated by dashed blues.
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Todays move up was "weak", usually bull takes 5-10 kkk orders in one bite on spx cfd but today they were doing so in many bites while moving upwards. This should not happen in strong reversal day.