S&P 500 change of behaviour
S&P 500 with a change of behaviour over the last week with three Significant Bars to the downside and an increase in supply.
Closed below the 50 day MA, and around 5% above the 200 day MA currently, which could offer support "if" a deeper correction develops.
S&P 500 in late Stage 2, but the equal weight chart has shown a change of behaviour and is below the flattening 30 week MA and so is showing characteristics of early Stage 3.
Whichever is correct, both offer limited opportunities for investors at this point in the cycle
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.