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

Monday, October 17, 2022

SPX Update

 The futures advanced to the first resistance level at 4700 supported by a strong energy burst:










Such energy bursts have been steadily increasing since May, but without affecting the overall trend.

They rarely come in clusters, and if/when they do, often mark turning points.

at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.