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

Thursday, October 20, 2022

SPX Pattern and Trend

 This is shaping up to be an inside week, where neither bulls nor bears get the upper hand:









The daily market breadth oscillator is retreating from overbought levels and, at the current rate, should get oversold by Monday. This will align it, once again, with oversold weekly readings.

Or you can ask Goldman's desk to look at option expiry, open interest, second order greeks, positioning, etc., and reach the same conclusion.

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