September 5, 2017 4:13 pm / Published in * Trade Alert

Bears on SPX gave up at 13:00 EST

The new level to protect for bulls is todays low in the weekly and montly charts. The close today was above the 50% Fib Retracement. This is not bad given that sellers were in control. The volume confirms that summer is over in EU and USA.

VIX traded above 14 and close below 12.5.

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Bears on SPX gave up at 13:00 EST

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