SharePlanner Reversal Indicator is looking ultra bullish
The trading stars are aligning for this market, and there is plenty of reason to be bullish as the market is pushing through key resistance at 1648 and will coincide well with the Weekly SPRI next week when it posts (barring a massive market reversal).
I expect there to be weeks of bullishness ahead, and see little reason at this point to be adding short positions to the portfolio.
Here’s the SharePlanner Reversal Indicator.
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