A high wave candle showing extreme confusion among market participants about further direction.Since the S&P 500 is in a downtrend this could be an alert of a possible change in direction.With the 200 dema proving good support and the Stochastics is showing positive divergence in the oversold area watch if today's candle supports the change.
Negatives are a decisive close below the down trendline from 1371.Macd has given a sell.
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