The Barometer remains neutral.
Cycle and technical analysis used to identify future Change in Trend (CIT) dates for the SPX and the major indices.
With a change in the swing count, it's a good time to recap the general guidelines:
Following a 40% upswing, the SPX is ready to take a breather:
The SPX has been trading within two well defined narrow ranges since mid September.
Top of the range: 5890, bottom: 5675, pivot line: 5785.
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