Monday, June 25, 2018

SPX Update: If I'm Being Redundant, Please Allow Me to Repeat Myself

Still no change, and still nothing new to talk about, so another short update.

Just for fun, here's how the projection chart looked nearly a month ago.  Not too shabby:

In conclusion, there have been no new developments from the market, so nothing's changed.  Another wave higher is still within the realm of possibility, but either way, the recent pattern has the feel of a topping market, so I tend to think the top is already in.  I remain in favor of the bear count, of course, and 2825 is still the first line in the sand dividing the bull and bear counts.  Trade safe.

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