bearish

Still No Decisive Breakout as SPX Tests 5783 Resistance; Ideal Time to Shift to Defensives

287 Views01 Oct 2024 20:27
Still No Decisive Breakout as $SPX Tests 5783 Resistance; On watch for SPX bull trap/failed breakout, confirmed only on a break below 5670. 2007 SPX topping analog continues to track with precision
What is covered in the Full Insight:
  • Current SPX Levels and Historical Context
  • 2007 Market Topping Analog
  • Mixed Market Dynamics: Positives vs Negatives
  • Current Cross-Sector Performance
  • Market Outlook and Upcoming Catalysts
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