It's interesting that Pring Bottom Fisher began rolling over on Friday after rallying for weeks. Pring Bottom Fisher can precede market moves by a few weeks. This is an early warning of market tops, indicating the bullishness on the charts below may be short lived.
The McClellan Summation Index is looking very similar to 2024. On Friday we also saw upward movement on S&P percent above 50 day and the Nasdaq 50 day / 200 day. Markets appear to be setting up for some kind-of bounce, but for how long?
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