The s&P chart below is telling us a lot right now. While I keep seeing people scream down the markets are not saying that yet.
We are overdone on the upside and met our 1500 targets, however the market does what it does best, listens to no one or nothing. Right now the market is still in a skinny upwards channel. So far that channel has been holding, and for now that is NOT BEARISH.
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| spx daily chart |
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