The macro uptrend we've established since 2008 is still in tact. However, according to the Sherwood Retail Sentiment indicator, retail trader sentiment is forming bearish divergence as SPX rises.
Furthermore, the monthly chart shows a hanging man candle as March comes to a close. Given that we're close to the all time highs, it's prudent to just sit out the...
The right shoulder has stretched out a little since my last update, which honestly makes it look more symmetric. The right shoulder from my last idea was a little scrawny.