$SPX - Overbought on Weekly
SPX looks overextended and is overbought on weekly charts. A correction is likely underway. Probably SPX will see significant declines this week and particularily next week to start with and eventually testing the 50 week average again. Weekly
Source: http://cyclicalmarketanalysis.blogspot.com/2024/02/spx-overbought-on-weekly.html
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