US Indices - To Break or Not to Break - AskBrokers - AskBrokers

The below charts are presented without much comments.

They have one thing in common; all charts have seen a huge squeeze higher and they are all approaching the negative trend line more or less. It´s a complex trade here and today´s moves in futures were not statistically significant due to US holidays, but coming days are very important for future direction. It is starting to look like the inverse situation to what we saw around Christmas. Make or break?

SPX approaching the negative trend line.

NASDAQ approaching the negative trend line.

Russell approaching the negative trend line.

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