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Strategies & Market Trends : News Links and Chart Links

SPXL 209.18

+4.4%

Nov 24 4:00 PM EST

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From: Les H	9/25/2023 9:18:22 AM
	of 29600

The benchmark continues to move below horizontal support and the neckline to a head-and-shoulders pattern at 4335. The downside target of the bearish setup suggests a theoretical downside move to levels just below 4100, however, previous resistance, now support, at 4200 is bound to put up a big fight. Momentum indicators remain on the decline and have adopted characteristics of a bearish trend. One more week remains in the weakest time of year for stocks that spans the last couple of weeks of September and, thus far, it has certainly lived up to its reputation. equityclock.com Low volatility streak ends at 102 days, what next? jeffhirsch.tumblr.com

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