Wednesday, December 13, 2023

TLT and SPX: Time to Update the Bull Count from 6 Months Ago

Back in June, I published the following bull count, which was roundly ignored, so I figure now's as good a time as any to check in on it and update it:

Let's also not forget that SPX still has this long-term overhead trend line to contend with:

Finally, TLT has continued bouncing after hitting the noted support zone:

Not much else to add.  SPX has managed to rally above horizontal resistance at the prior 4607 high, so we'll see if bulls can hold that.  Trade safe.

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