Been busy all day , so a quick glance at the daytime SPX.
Major trend and support line is represented by a green upward line.
Сопротивление на уровне верхней точки негативной candles at the level 1170 SPX. If we close above, then it is possible and will creep up again, while serious technical and fundamental weaknesses remain.
Retail data came out good today. Commods are resistant except for gold.
My relatively small short is valid , in case of breakdown 1170 per spot, I'll close it soon , but I will also go from any point, where will I see negative momentum. Stop will add to the minus approximately 2%. While SHORT is generally minus percent 5%-6%., what is beaten off …
Sugar watching and possibly forming a temporary bottom.
