Friday, July 2, 2021

SPX Update: Decisions

I wrote a longer piece here [link forthcoming, if I decide to publish it after proofreading], so just one chart today:

In conclusion, the chart pretty much says it all.  In the event of the bull nest, we could actually run higher for a little while; if the diagonal is what the market prefers, then we'd need to see a stall and reversal (for Bear: iv) fairly soon.  Trade safe.

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