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

Sunday, October 16, 2022

SPX Weekly Targets

 Both the daily and weekly oscillators are trying to bounce off oversold levels:











The SPX weekly targets are 3450 - 3800, pivot line at 3600:

There are support/resistance levels at every 100 point interval: 3500, 3600, 3700, 3800, etc.

Timewise, the SPX needs to advance more than 4 days to stage a reversal.

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