markrivest

September Bottom Probably in Place

SP:SPX   S&P 500 Index
On 09/06/22 the SPX marginally broke below trendline support and a .618 retracement of the June to August rally.
The bottom had significant bullish divergences on the RSI and MACD.
There's a high probabilty of a rally to at least the August 2022 high - perhaps even higher.

Mark

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