SPX has a several chances to deliver a triangle to conclude the pullback (in the triple zigzag scenario) this past week but none has surfaced. A larger triangle remains possible and is worth monitoring.
Disclaimer: Each post is for informational purposes only. It is not a solicitation, a recommendation or advice to buy or sell any security or investment product. Information provided in each post does not constitute investment advice.
Saturday, March 19, 2022
Sunday, March 13, 2022
MTU Weekend Ed. - Still Consolidating (3/11/22 Close)
SPX continues to consolidate against its Feb bar, with several potential trajectories. Let's see which direction it breaks out.
Sunday, March 6, 2022
Saturday, February 26, 2022
Monday, February 21, 2022
Saturday, February 12, 2022
Sunday, February 6, 2022
MTU Weekend Ed - Three Waves Up (2/4/22 close)
Three waves up so far with typical reactions at the first resistance, following three waves down from the ATH in SPX.
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