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

Friday, July 14, 2023

SPX Pattern and Trend

 The SPX followed the lead of the daily Pattern Oscillator by managing a reversal on Monday after printing new weekly lows. Then it advanced to within 10 points of the upside weekly target:






Weekly targets: 4375 - 4600, Pivot line at 4450.

All things considered, there's another cycle reversal in the making in the context of continued strong seasonality:



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