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

Saturday, July 13, 2024

SPX Target Update

 The SPX closed at the upside weekly target and shows a clear double top but also a strong uptrend and further upside potential:









The daily Pattern Oscillator and the $Flow indicator have reached overbought levels, suggesting that a sideways/down phase may soon begin:






Pivot line at 5580.

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.