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

Saturday, September 30, 2017

$SPY Pattern and Trend

A true breakout or end of quarter window dressing ?















We'll have the answer next week.

For the time being, the trend remains up, and the upside weekly target moved to 253.5
Pivot line at 249.7, support at 249 and 247.4.

Market sentiment remains positive, currently approaching overbought levels:












Trend and momentum readings are maxed out:




Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.