Like a Roller Coaster
Turn 2 of our 3 Point Turn
Its Now Time to Go UP!
Yesterday I wrote about If this was the turning point in market to go lower. I gave you my 3 Point Turn analogy. As you probably can relate, you make three moves in a 3 Point Turn. Pivoting markets are no different. SPX has been down 5 of the last 6 days. Oversold? Time for turn 2. Futures are higher today. Not by a massive amount, yet enough to move higher towards resistance into the end of the Quarter.
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