SPX - A revisit to the 20DMA is likely,
@SmartReversals:
$.SPX(.SPX)$ - A revisit to the 20DMA is likely, especially given the typical market reaction following Powell's speeches. The reactions to $Meta Platforms, Inc.(META)$ $Microsoft(MSFT)$ $Tesla Motors(TSLA)$ are mixed.The $6029 level (mentioned yesterday as a key support) acted as a temporary bounce, it continues as the key level to confirm a breakdown sending price to fill the gap.Image $Meta Platforms, Inc.(META)$ : Ahead of earnings, the price has broken above the daily Bollinger Band, and the RSI is signaling overbought conditions (above 70).Sooner or later price returns to