Monday, January 01, 2018 8:56:09 AM
SPX daily with S&P 500 Advance-Decline line
and the McClellan breadth indicators for this index:
my chart interpretation as of December 29, 2017 Friday -
* notice the recent weakness in all chart elements is
slightly or moderately large, while the A-D line for the
S&P 500 does not yet reflect a large percentage decline
from its very late December new record high,
all of which calls for prudent future vigilance ...
since the shot over the bullish bow is evident in these chart elements
and the McClellan breadth indicators for this index:
my chart interpretation as of December 29, 2017 Friday -
* notice the recent weakness in all chart elements is
slightly or moderately large, while the A-D line for the
S&P 500 does not yet reflect a large percentage decline
from its very late December new record high,
all of which calls for prudent future vigilance ...
since the shot over the bullish bow is evident in these chart elements
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