


wfmgift7
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parallelchannel
pitchfork
trendanalysis
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This provides a similar chart pattern in SPX in 2024 similar to 2023
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As per my last post CRM exactly reached the peak and traced down. I think this is a continuous downward trend both in the micro and macro terms. Interest rates will rise, sales will be under pressure, profits from Slack will also be impacted. A major downward movement doesnt seem to be possible but dont expect too much upside action.
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CRM seems to be in a channel, this week will decide is there will be an uptrend until earnings or will dip back before earnings.
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