Monday, January 7, 2019

Monday Update (1/7/19)

SPX rose above 2558.19 and eliminates the most bearish 1/2/[i]/[ii] count. SPX is also approaching a fib-382 retrace of the selloff from its all time high, as well as the previous consolidation zone.  A short term retrace of the current rebound looks likely. The following charts update.

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