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

Tuesday, January 31, 2023

SPX Update

 The pull-back started as expected and, at the current rate, market breadth will get oversold in four days:


However, the FED meeting is likely to alter, at least temporarily, that scenario. In which case, the SPX will have to break above resistance at the 4100 - 4150 level, in order to confirm a bullish reversal:


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