$SPX - Greed Is Back and ATH are Nearby
$S&P 500(.SPX)$ - Greed Is Back and ATH are Nearby
New ATH are very likely, and there is space to continue moving up.
From the seven components of this index, stock price breadth is in extreme greed, which is good considering the current stock participation in the market.
The Mag-7 are actually underperforming, and their current setups have to be proven next week.
If they bounce... oh boy.
It would be funny if September is green, don't you think?
In the end, April was going to be green, and July was "super-bullish" for tech.
$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ $Invesco QQQ(QQQ)$ $NASDAQ 100(NDX)$ $DJIA(.DJI)$
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https://x.com/SmartReversals/status/1830632145821544466
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