Chalk one up for the bears as this is the first real stock index breakdown so far this year. I'd like to see a gap fill at $91, and then a bounce. Based on how the bounce acts, we can re-evalute. Overall, a real warning signal for the bulls on top of all the bearish divergences out there.
Trade with caution.
Trade with caution.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.