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

Monday, July 08, 2019

SPX Weekly Targets

The expected up-phase matched exactly the average time and price targets associated with it. The SPX made a new high and is starting the week above the break-out zone:

Market breadth has become overbought, and the stage is set for the next sideways/down phase:

The next chart shows the most recent market breadth overbought/oversold zones along with the weekly SPX targets:

The average advance/decline is 5 days.

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