Is it time for a minor correction?

Are you ready for correction?

#SPY seems ready to follow the double-top pattern
In addition, RSI is overbought, and MACD is ready for a change.

I would add that major quarterly reports are published and they are not very impressive. All this might push the market to re-evaluate positions and adjust targets.

For the next couple of months, I would expect about a 10% correction that should bring us to the Dec 2022 level.

What are your thoughts?



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