This could be the top in S&P 500
(The alternative is for it to extend considerably higher after a retrace.)
(The alternative is for it to extend considerably higher after a retrace.)
We chart resistance targets for the broad NYSE Composite Index
It still might catch up
but a bear is lurking around the corner
But truncation also a possibility
right where they were supposed to
The bounce has been impressive but not surprising 🙂
There’s still a bullish count
One of them is likely to recover its footing
Don’t jump in at the point of maximum fear