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

Sunday, December 10, 2023

SPX Weekly Targets

The futures finished the week at an important inflection point after the SPX bounced off  support and the bearish 1 x 1 angle mid-week, and now seems determined to challenge the July 27th high:


 












However, market internals continue weakening, and next week is most bearish from a seasonal point of view.

Weekly targets: 4475 - 6475, pivot line at 4565:




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