Good afternoon, traders.
The S&P 500 has moved very little, so I have little I can add. We still have what might be a little, tiny topping pattern developing here:
Even so, since this is as much sideways so far as anything else, there’s very little stopping it from trying to go higher. But, I think a top here would be best.
If we’ve stopped going up, I am looking at two possibilities:
I hope everyone has a fine evening.