SPX shows the potential for a long-term channel pattern that we are trading inside of. 

But for it to continue, the market MUST break those September highs. 

 

SPX weekly channel pattern bullish

Quick Glance at the Market Heat Map and Industries

Notables:

  • Huge bearish undertones in this market today. 
  • Banks, Tech, Materials all faltered. 
  • Utilities finally buckled as well. 

Be sure to check out my latest swing trades and overall past performance

SharePlanner Market Compass:

Stock-Market-Compass-Almost-Uptrend

No change – need to see what this market does at resistance here. 

And of course…the RIDICULOUS!


This country is a lot different than the one I grew up in. This petition to the government below, might be the first thing that I’ve seen that makes a little bit of sense. 

white house wants to build the death star petition

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