Williams accumulation/distribution indicator hit -25 @1100 S&P….is this the bottom despite Fed disappointment ?
Who knows, but after bouncing to unch we find resistance at 1122-1125 which until yesterday was support. So now it may be resistance.
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I agree, 1100 is major support @ the 200MA. We should bounce from these levels and find a bottom. If not we are going to hell in a hand basket