SPX continues to show strength on a Monthly perspective.
We have yet to get that 4-6 month chop resistance level like
we did in past corrections to send us into a bear market
It is getting concerning though the rise away from the median line on the Andrews Pitchfork
continues to get more and more extended from a linear regression standpoint I do expect us to retest the 1532 level but the market has yet to show its hand.
We have yet to get that 4-6 month chop resistance level like
we did in past corrections to send us into a bear market
It is getting concerning though the rise away from the median line on the Andrews Pitchfork
continues to get more and more extended from a linear regression standpoint I do expect us to retest the 1532 level but the market has yet to show its hand.