- SPX is still consolidating and remains bullish. Another buy signal fired up today. The first buy signal has also not been invalidated from the recent market pullback even though markets dropped on bank fears
- Momentum remains to the upside until a valid sell signal gets triggered.
Note
Perfect momentum swing. Rallied higher, the dow and IWM small caps participated for a S&P high of 4448 as of now. Momentum trend has broken, time for a breather, and also got that elusive sell signal after all!
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