As I've covered all the bases and hit all the beats at various time frames over the past week or two, there's not much to add beyond that, for now. Trade safe.
Commentary and chart analysis featuring Elliott Wave Theory, classic TA, and frequent doses of sarcasm.
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Monday, March 4, 2024
SPX Update: ______ ___ _______ __ __________!
Last update gave a nod to the old adage: "never short a dull market," and that proved to be valid wisdom for Friday. Today could see the market correct some of those gains, but again, there's just not much more to be drawn from the near-term at the moment. I'd rather let the market lead than try to force my own biases onto the charts and "see what I want to see," so I'm continuing to take it as it comes until a pattern reveals itself in a more concretized fashion.
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