S&P500: Get Away from Your Myopic View | A Sideways Market

Technical:
If you are looking too closely at the markets, then you will have a myopic view of the markets.
It is still clear that the S&P 500 is moving sideways.
I have wondered how the market would get to the trendline, and the way it gets there always takes me by surprise.
Looks ominous but: Sideways to Oversold Market

Fundamental:
Nothing has changed.

Sentiment:
Oversold

Target:
Minimum target is 3062 in the year 2019

Note

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No intraday rally yet, so, markets could still fall, but the quarterly outlook is still to the long side.

Trade active

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Note

Rocketman

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Rocketman

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