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SheepTrades

SPX consolidating but remains bullish

Long
S&P 500 Index (SP:SPX)  
SheepTrades Updated   
SP:SPX   S&P 500 Index
Trend Analysis Technical Indicators Chart Patterns S&P 500 (SPX500) SPX (S&P 500 Index) SPDR S&P 500 ETF (SPY)
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trendanalysis indicator chartpattern spx500 spx spy
SPX (Swing)

- SPX is still consolidating and remains bullish. Another buy signal fired up today. The first buy signal has also not been invalidated from the recent market pullback even though markets dropped on bank fears

- Momentum remains to the upside until a valid sell signal gets triggered.
Comment:
Perfect momentum swing. Rallied higher, the dow and IWM small caps participated for a S&P high of 4448 as of now. Momentum trend has broken, time for a breather, and also got that elusive sell signal after all!
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