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

Sunday, February 09, 2020

Weekly Targets

Despite the corona virus pandemic, the SPX managed to stay within the uptrend channel:

More info and targets here

Sunday, February 02, 2020

SPX, Gold, Oil and G6 weekly targets

Key levels to watch for the SP-500:

Gold, Oil and G6 targets can be found here.

Friday, January 24, 2020

SPX Market Breadth

Market breadth just reached oversold levels. This should have bullish implications going forward:

Tuesday, January 14, 2020

SPX 2020

The SPX finished 2019 strong, a few points above our updated 3200 year-end target. Momentum is pushing the index higher at the beginning of 2020, as the futures continue trading within the bullish uptrend channel.

As both price and time momentum indicators are reaching overbought levels, there are two lines to keep an eye on for signs of trend reversal: the lower uptrend channel line and the trendline connecting the '18 highs:

2020 upside target: 3600;
downside target: 2550

Sunday, November 24, 2019

SPX Pattern and Trend

SPX momentum appears to be stalling at the top of the trend channel:

Weekly targets for SPX, OIL, GOLD and G6 can be found here.

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