…but so far, still waiting…
$SPX: clean tag of lower trend line as support.
New lows show a positive RSI divergence.
If this trend line holds and the structure plays as a falling wedge a very sizable rally could emerge.
Previous breakout attempt failed.
Targets would include MA reconnects. pic.twitter.com/9UrAfk889d— Sven Henrich (@NorthmanTrader) December 17, 2018