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

Sunday, December 08, 2024

SPX Weekly Targets

 The major indices continue being defined by strong momentum evidenced by high Swing numbers. At this stage, a one or two day reset would be a most welcome outcome as it would help reset the high daily count. 

The Bullish % numbers are rebounding from deeply oversold levels and need several more days before getting overbought again:





The SPX reached the upside weekly target and keeps on printing higher targets:





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