Since this is leading, will monitor close…
SPX has not penetrated resistance this AM…
Best scenario for bulls is filling of the gap and or bounce off black horizontal trend line…
What was previous resistance, needs to be current support for the bulls…
Negative divergences in play…
Macd has crossed bullish above zero…
ndx
This could be the mother of BULL traps, or the SM continues on it’s bullish way…