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

Monday, August 05, 2024

SPX Pattern and Trend

 At the current rate, the daily Pattern oscillators will reach oversold levels in two days:


The SPX is likely to start the week at the downside weekly target:



















Weekly Pivot line at 5250 and monthly at 5400.

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.