Did we see a false breakout today?

Today's market was once again very quiet, however does feature some divergences in the making. They tried to breakout and sustain new highs today in the S&P 500, but were not able to stay up there, let along close the day up at new highs.There's still nothing bearish on the charts, but we are extended and far away from what we like to call "home base" or the 20 period moving average.The technical analysis found in this video like all the others covered the candlestick charts, foundation of how markets work, moving average and an array of charts to show from a visual perspective the different looks the market can show based on the various different time frames available.The analysis is appropriate for both beginning traders and experienced traders to have been beating the bushes for years.... Hosted on Acast. See acast.com/privacy for more information.