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Since the October 11 break of the Rising Wedge in the SPX, the Daily Swing Chart has turned up twice once on a gap up and strong rally on Friday that wilted giving up all session gains, and then another similar gap up yesterday which saw the index tail off again.
Make the Market Great Again
The bottom line is, the market is not seeing traction from these up gaps.
A gap down open on October 19 in 87 turned into the abyss as news that the US bombed Iranian oil platforms hit. But most of those trading at the time do even know that was a factor.
Market having good potential to become better and more powerful.
