sp'60min
Summary
So...the second yellow box was hit..precisely..a full reversal..and we're headed lower.
Lower trend/channel is somewhere around 1805/00, but hey....weekly charts are offering 1770/60s in the immediate term.
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As things are..I have ZERO interest in getting involved today, having stupid computer issues, oh well.
1.19pm.. minor chop...hourly charts remain weak, but threat of another move into the 1840s.
I am certainly NOT chasing this lower. I'd consider a re-short, but with the holidays due...I'd wait until next Monday.
Daily charts..bear flag.....that seems best outlook right now for next week.