D Hawkins

2
May

This is the update of my April 24th post.

Last week, I thought that the modest breakout above the consolidation was the start of a new uptrend.  However, that was not to be, as price fell back into the consolidation.  On Tuesday, price fell down to S3A and so far has supported there.  From here, we cannot say a new trend has started until price either breaks above last Monday’s high or below S3A.

^GSPCdailyShow

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