Stocks could really go either way. While the S&P 500 is looking "toppy" with a red triangle on the Kovach Reversals Indicator, the Kovach OBV (blue indicator) remains pretty bullish and there is a pullback in the Kovach Chande. Those of you who have studied these indicators knows that is a long signal.
We are in a relative vacuum zone, so it is likely to see a decisive move either way. If you have a long-side bias, 3055 is a good target. If you are a bear, check out 2991.
We are in a relative vacuum zone, so it is likely to see a decisive move either way. If you have a long-side bias, 3055 is a good target. If you are a bear, check out 2991.
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