No change from the prior update. SPX captured upside targets 1 and 2, and has, so far, followed the map that was outlined in the last update. Obviously, all bearish near-term bets would be off with sustained trade above the all-time high. Keep in mind that this correction is, presently anyway, ultimately expected to resolve higher either way.
Haven't moved anything on the IT chart since last update:
In conclusion, there is no change whatsoever from the prior update. Again, near-term bearish bets have to be called into question with sustained trade above the all-time high. Trade safe.
No comments:
Post a Comment