Market Update 3/18/2024

March 18, 2024/Comments Off

The number of long setups that are working has dwindled, and the indexes are starting to get choppy. The internals are telling us participation is not great. Let’s dive into the market update and see what we need to know about the near future for the market.

$SPY is up sharply this morning. For now I would consider it a technical bounce off its Daily 21, which is what I told the Moxie Traders to expect from this post on Friday morning. pic.twitter.com/zTPhrMxjGX
— TG Watkins (@TG_ProfitPilot) March 18, 2024

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Market Update 3/18/2024

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