SP500 Right Shoulder Developing

2022年2月8日

Until we see a strong close on volume above the 4550 level, the market will continue to develop a right shoulder. This will allow the SP500 to work off it's oversold condition while volume indicates that the market is distributing vs accumulating stocks. If this distribution continues, we will likely see the next leg down begin within the next few weeks and we can expect the previous lows of January to be taken out.

2022年2月17日

註釋

This short is playing out nicely.