SPX and Gold; Pivotal Points at Hand [w/ edits]

The post has been edited slightly from the original version to clean up some wording and clarify some points. Leaving aside our usual inclusion of macro fundamentals and market ratios, today let’s take a simple technical look at the S&P 500 and gold. As the US stock market was becoming deeply oversold (and over-hated, sentiment-wise) in December we planned for a holiday seasonal bounce, which … Continue reading SPX and Gold; Pivotal Points at Hand [w/ edits]