SPX has now reached 5800, but time-wise, sell signals look premature

Short-term trends in US Equities remain bullish, and Monday’s gap helped price push up to test and exceed the upper end of my technical target for SPX (5750-5800) without much evidence of reversing course. Given that no time-based factors have appeared to confirm that 5800 might have some importance, it still looks early for a short-term peak. Meanwhile, “Safe-haven” trades like Gold, Treasuries, Japanese Yen, and/or Sw...

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