Indeks S&P 500

SPX are we bullish or bearish?

25
The S&P 500 closed the weekly firmly.

Finally putting in a high volume reversal, has the SPX bottomed here?

One thing is for sure we are still putting in higher highs & higher lows on the weekly time frame.

Until we see the markets give us that lower weekly high its still a tough market to short.

We think about the decline in semis and megacaps after earnings...all eyes will be on NvDA near end of month.

The markets have a strong chance at staying buoyamt into NVDA earnings.

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