Why you should be worried if you hold stocks. S&P Big Picture
The S&P has had a bull run in 2023 but it has stalled at 4600. What is even more worrying for the bull is that:
1) There is a huge Weekly double top with divergence on S&P
2) There is a pattern to sell
3) The neckline was broken and the market closed below it
Overall the market is going to be bearish for the coming months. We will continue to sell all indexes and stocks and will post a daily analysis of what we are seeing.
Follow us for more updates!
1) There is a huge Weekly double top with divergence on S&P
2) There is a pattern to sell
3) The neckline was broken and the market closed below it
Overall the market is going to be bearish for the coming months. We will continue to sell all indexes and stocks and will post a daily analysis of what we are seeing.
Follow us for more updates!
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