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Technically BULLISH. Economic/Bearish


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#351 redfoliage2

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Posted 03 February 2023 - 03:50 PM

 

 

As the earnings season with big techs is done today this is likely a top here.  The market breadth also started showing a top  ............................

Bulls better hope the metals not front running, or today into Monday could get real ugly...

 

The market breadth indicating heavy unloading today.  At least a pullback is due and it may well be an IT top though.   Immediate support SPX 4100, then 4008 ...................

 

Is it an island reversal on SPX and NDX daily?


Edited by redfoliage2, 03 February 2023 - 03:52 PM.


#352 dTraderB

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Posted 05 February 2023 - 02:39 PM

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