S&P500 – will the uptrend hold?
It ‘feels’ weak here to me. How many are bullish here?
Edit: short-term trendline held end of day, but large volume selling at close.
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Not me!
Duly noted – always respect your opinion on these markets, ES. Seems like a real divergence of opinion everywhere on what’s next. Seems like majority here think this might be it (=downhill from here), others temporarily bullish into March, and Rambus merely seeing a halfway pattern (if my memory serves me correctly.) The metals (PM and EV-related) and uranium miners in my PF were mostly up today.
One route could be down into feb 21st; then a rally into mid March before the big drop…
Fascinating possibility. Gold looking good here, but its just hard to believe that the PM stocks won’t suffer badly in a SM bear. Thanks for commenting.