Technical analysis by Midgar- about Symbol SPYX: Buy recommendation (11/17/2024)

One thing is for sure, the market programmed their algo's to draw the Republican Elephant all over the SPX charts and stampede away with retailer profits. Come Monday we will rally off this line of gap support and head up to sweep liquidity at previous highs. Once we grab the liquidity we will really find out who is in charge. Elephants, or Donkey's?