Wednesday, January 24, 2024

SPX and COMPQ: Little to Add

Last update discussed that, due to the apparent three waves up in COMPQ, it appeared that bulls would continue to control the ball one way or another, and so far, they have.

SPX is in a melt-up channel, as long as that persists, bears are out of luck.

There's just not much to add to the last few updates.  Trade safe.

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