Market Breadth Data******************************

Thursday, November 09, 2017

$SPY Pattern and Trend

Time-wise, the sell-off came right on cue


















Despite the vicious intraday drop, the futures managed to close within the channel, leaving the uptrend still in place.

Channel support at 2582, angle support at 2572.5, trend support at 2566.

The most recent sell-offs have lasted between 1 and 3 days.

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