Good evening, traders.
Well after I taught my daughter about taxes using her Halloween haul as a cruel example, my blood sugar is amped to about 310, so let’s take a look at the S&P 500.
The bulls have achieved two technical breakthroughs.
The first is a clear break of the downtrend that began in the middle of October:
The second is that they’re making good progress on the little inverse we discussed yesterday:
Of course that was the pattern I liked the least, but so goes the market.
I have a few things I can add for tonight.
Ok, we’ll see what happens. I hope everyone has a fine evening.