Bears Claw Into Low-Volume SPX, Bulls Need to Hold 200-Day SMA
Schwab Network · Schwab Network
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Show Notes
The volume difference in the SPX reached a 2-standard deviation difference in Wednesday's trading action, a notable bearish signal for Kevin Green. He points to 5,790 as the key level bulls need to hold to maintain positive market momentum. Kevin adds that volatility in yields needs to subside for equities to find solid footing. He highlights an inverse head-and-shoulders pattern forming in the 10-year treasury yield.
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