End of the Month tomorrow and we have Cohen & Powell today with Trump in Vietnam so headlines are focal points. However, with how the SPX revisited 2800 without a close above it (thus far) similar to MAR & DEC 2018 (one visits and retreat), here’s the perespective view of the ETFs since the drop in OCT.
Note your “peaks” on the bounces were:
- OCT 17-18
- NOV 7-8
- DEC 3
The “common sense” approach would be for this due to occur dip to support at/near the OCT/NOV dip lows if this is to all be MAJOR-1 (Bullish) and not MAJOR-A (Bearish)