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

Tuesday, May 31, 2022

SPX Weekly Targets

On May 20th, positive weekly market breadth divergence signaled the bottom of the downswing. Currently, daily market breadth is overbought, which is a recipe for a sideways/down phase.











Upside/downside weekly targets at 4250 and 3900. Pivot line at 4050.

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