BY LICIA LESLIE
December 1, 2023
Hi Shoppers,
Yesterday’s close kept the chart intact.
Just when we thought we were in for a pull back, we rally hard into the close, right back into the consolidation or as the Japanese call it the box range.
Check it out:
The SPX is taking a breather or pause before it takes that next leg higher.
I think SPX wants to trade at that 4600 level before it rolls over or goes even higher.
Watch for it to break out of the box range and then hop into some calls, it could happen today.
Next stop: $4600.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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