HomeMarketsTechnical AnalysisMarket Faces Resistance as CDX and PII Show Divergent Paths

Market Faces Resistance as CDX and PII Show Divergent Paths

Kevin Horner says the market may have run into resistance after reaching the 5950 level on the S&P 500. He's watching the low from yesterday, 5895, as a key level, and if the market closes below it, it could be the start of a pullback to the 5785 to 5800 range. He also discusses CareDx (CDX) and Polaris (PII). Kevin notes that CareDx has been a bearish setup, while Polaris is in a clear downtrend, but has shown some short-term improvement.

The Watch List

20 May 2025

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