2/22 Overtime

Bull vs Bear: 7000 vs 6750

The S&P 500’s ping pong trading action between the ~6750 and towards 7000 continues for another week. The risk-off analysis eased off to 1/3 to end the week as the index regained the short term trend. A sideways market for the better part of three months.

Risk Off Criteria: 1 of 3 Active

Reference: “How I Think About The Risk-Off Alarm”