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

Saturday, May 06, 2023

SPX Cycles and Targets

 SPX bounced off the downside weekly target to regain most of the early weekly losses. Weekly targets and pivot line  remain unchanged:













Overbought daily market breadth readings are setting the stage for a pull-back:



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.