No, not THIS Hold The Line.¬†What I am referring to is the near-term support line that the S&P 500 on Wednesday once again managed to hold and bounce from. The concept as such is quite simple really: when former resistance becomes support…it ain’t bearish until support breaks.

Read the full analysis here: https://www.tradingfloor.com/posts/us-stocks-hold-the-line-1590927

 

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