The S&P 500 exhibited a surprise price reversal on the weekly chart. After violating an uptrend line that stretches back to the COVID Crash bottom which scared the living daylights out of a lot of investors, the index staged an upside reversal while the weekly stochastic recycled from oversold to neutral, which has been a useful buy signal in the past.
In addition to this obvious bullish price reversal on the weekly chart, here are five other risk reversal factors that you may have missed.
The full post can be found here.
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