SPX S&P 500 2-Hour Chart; Overbot; Rising Wedge; Negative Divergence

Breathe on it and it will fall down the cellar steps. Neggie d spankdown at hand. Gauge the pending selling by the utilities and copper. Bears need UTIL below 835.50 and copper down about -2.6% to create a significant down move in equities. UTIL is dancing above and below 835 this morning and copper is down more than -2%. The bulls are fighting to keep utes and copper elevated. Perhaps the fun is about to begin; it is wise to strap yourself in to the computer chair and install your helmet. You will likely see an initial impulse lower in the stock market when/if UTIL fails at 835.50. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.

Note Added 10:26 AM EST: There you go. UTIL 835.46. She is testing now.