SP500 update: Rare pattern sends cautionary signal as breadth fails to confirm rally

A rare technical setup on the S&P500 (SPX), combined with weakening market internals and our Elliott Wave Principle (EWP) count, is raising the possibility that the recent advance is stalling.

SP500 update: Rare pattern sends cautionary signal as breadth fails to confirm rally
A rare technical setup on the S&P500 (SPX), combined with weakening market internals and our Elliott Wave Principle (EWP) count, is raising the possibility that the recent advance is stalling.

Share

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0