5th Bounce is a Charm!!!
After 2 weeks of range bound trading, SPX broke out in a big way with an 87 point day.
The trade took much longer than expected, but it worked out the way I believed it would.
Now things get interesting again... Another loaded week of economic data, Powell and CPI being the big ones, and tech earnings looming over the next few weeks.
Was this just a suckers-rally or is there more upside to come?
Let's take a look...