SPX Gives Bulls a glimmer of Hope

At first when the price action fell below the 200 MA on Friday, I was a bit nervous. Luckily we had a bounce back above the 200 hundred. Which then left the price action stuck between the 50 MA and the 200 MA. Leaving it a guessing game as which direction we might be heading. Oddly we have settled on a support line... which is the same suppot line when Biden accounced harris as his running mate. Yup, the 11th of August.. that big red candle I have circle. I'm not exactly sure what that means. But hopefully that wil be the last support line we'll see for a while. Which is why I saw it's a glimmer of hope. Yes, we've closed below the 200 MA on the 4 HR. Now we just need a comeback.

AAPL Fell to the 50

MSFT Fell tpo the 618

I think the worst is over... I hope.