.SPX Arrived New Highs?

Two sessions into the week and my near term $S&P 500(.SPX)$ thoughts remain the same— pause or pullback is welcomed here.

Net New Highs (a measure of breadth) has kept positive into this week. This is a change of character that in my analysis is meaningful.

In the near term 6-8 weeks I am a buyer of the pause or pullback. Two months is an eternity on X— this place is a spot sentiment live stream.

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# Macro Trend

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  • dimzy5
    ·2023-11-23

    The picture of your passage is very cool! Your analysis about Net New Highs as well as other things is also brilliant!

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