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

Saturday, November 20, 2021

SPX Pattern and Trend

Peak momentum readings at the beginning of the month were followed by a quick sell-off, and the SPX spent the last two weeks trading in a box. Strong seasonality suggests giving bulls the benefit of the doubt:








Support at 4630 and 4680; resistance at 4720. 

Upside/downside targets at 4750 and 4630.


(Data, signals and targets courtesy of  OddsTrader, Gann 9 and OT Seasonal)

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