SPX Weekly Chart: Decision Point at Hand

Before I begin this post I’ll note that my largest position is a short on SPY, but my overall positioning in US and global stocks is decidedly long. So if/as the bearish potentials shown here look to activate I will alter positioning accordingly. The weekly chart is not a pleasant looking thing. The US stock market has been rallying hard since Christmas Eve and the … Continue reading SPX Weekly Chart: Decision Point at Hand