sp 670-575 closing today below oex 350 isn't a good
The Venus retrograde of March 6 is like a magnet, pulling prices sharply in their particular trend direction into the two weeks surrounding that event. The heliocentric Mercury in Sagittarius is exaggerating these price swings, with psychological fears of an economic disaster in the making. I don’t see this trend changing until it peaks out, March 6-23. If you are on the right side, it can be a very profitable period. If not, it can be painful waiting for the reversal.
Weekly SPX breaks the 'B' point with volume, A - B = C - D pattern confirmed to 371.
Comments