Wow we got smashed another day... The SP today almost touched...

Wow we got smashed another day...

The SP today almost touched support which is around 1.25... also clearly ~ 1.25 was old resistance before recent rerating... 1.25 is also where the 195EMA is sitting today... the butt-kicking we've recently received isn't entirely surprising given the recent double top i suppose

SO hopefully a bounce off support and back to test 1.50...

if it breaks on any kind of volume below 1.25 i'd be pretty concerned...