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Wednesday, April 19, 2023

SPX and NYA Updates

Since last update, SPX managed to make an ever-so-slight new high for this move and then closed up a whopping 4 points (well, almost), continuing its trend of not trending.

So, still not a ton to add here, though I did create a near-term chart, since I could.  



Blue 3 remains on the table, by a hair:




And NYA stalled again at the upper edge of its inflection zone:


Not much else to say about this market, but at least we have some near-term targets to watch.  Trade safe.


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