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

Saturday, November 11, 2023

SPX Weekly Update

 The SPX followed the weekly forecast to the tee. The Pattern Oscillator bottomed out in 4 days and the weekly numbers were kept in check:






More importantly, the SPX remained above the 1 x 1 angle, and broke above the first resistance zone:








An oversold Pattern Oscillator should provide enough fuel to challenge the next resistance levels and to keep above the 1 x 1 angle.

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