SPX Stalls, Tech Crumbles, SOX Sinks and Bulls Bet Big

SPX technicals

SPX has so far reversed perfectly on that upper trend line. We are hitting the first supports as of writing, the 5900 area, give or take. This is where the 21 day comes in as well as being half the big post Trump candle. 50 day is still way lower, down at the lower part of the trend channel.