Monday, February 13, 2023

SPX and NYA Updates

The main thing to add since last update is for the very near-term:

No change to the big picture:

NYA is in a similar position to SPX, and appears to be incomplete to the downside:

In conclusion, the picture remains the same as it did on Friday, with the market within an intermediate inflection zone and the near-term appearing to be incomplete to the downside so far.  Trade safe.

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