Market Breadth Data******************************

Friday, November 20, 2020

SPX Weekly Market Breadth

 While the SPX continues to struggle with key resistance levels:

weekly market breadth has reached overbought levels:

Wednesday, November 18, 2020

SPX Pattern Update

 While the overall technical picture is still bullish, the SPX is having difficulty overcoming resistance at the yearly upside target at 3600, and trendline resistance at the 2020 highs:

The weekly outlook will turn bearish with a drop below 3400.

Saturday, November 14, 2020

SPX Weekly Targets

 Market breadth is rebounding from oversold levels:

and both the daily and weekly technical signals have turned bullish:

Tuesday, November 10, 2020

SPX Accumulation/Distribution

 SPX with combined daily and weekly accumulation/distribution:

Expecting the next leg up to begin once both daily and weekly A/D starts trending in the same direction.

Monday, November 09, 2020

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