photo of paper with graphs

Observation Followup #2

The latest in what I’m watching series (prior can be seen here) is today’s S&P 500™ via the e-minis at around 8:00am ET here on Thursday. It speaks for itself. Again, as I’ve said many times prior “Until something breaks or breaks out, the machines are running a very disciplined game.” To wit:

(Charting Source)

But for how long is the real question no one’s asking. That is, except here.

As always, we shall see.

© 2023 Mark St.Cyr

Note: This is not trading or investing advice of any sort. This commentary is for “big picture” discussion purposes only. Please read, or re-read the “About This Site” page for any questions or clarifications.