Monday, April 3, 2023

NYA and SPX: Back in the USSR

Let's jump right into the charts, starting with NYA, which has now captured its second upside target box:

SPX is, interestingly, back into the inflection zone I mentioned a couple weeks ago:

In conclusion, I want to see if and how the market reacts to these inflection zones before commenting too much further, so we'll take a deeper dive on Wednesday.  Trade safe.

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