Complicated ahh? :) Multiple bearish signals on SPX following Yellen's speech Bearish Outside bar was formed earlier today but the price hasn't closed below the low yet (only spiked) Price is still above Fast SMA line. A close bellow 2060 should trigger the move towards 2050.
Weekly close is what matters for longer term reversals so yesterday's rally still doesn't impress me Read more about SPX, SPY and DXY - goo.gl/sTgxOJ
Tomer, The MarketZone Follow me on TradingView Subscribe to my newsletters -