📉 S&P 500, 20th week of the cycle
👉 The 20th week of the cycle begins, and the market is not showing any signs of correction, with the exception of intermarket divergence on the Dow Jones.
👉 However, Friday's close showed a daily bearish signal for the S&P 500 and NASDAQ, which suggests a correction may begin this week.
👉 Let me remind you that the next forecast extreme for the S&P 500 falls on March 20th. This will be the 21st week of the cycle, that is, the maximum maturity of the cycle.
Comments
Post a Comment