The 911 sequence of always green was broken last night. As i mentioned elsewhere yesterday i was using friday to lock in some profits and tighten stops.
Thats the updated SPI chart since i have shared from June/July, at this stage its been a good road map. It needs a correction/retrace soon to keep it healthy rather than going straight up. Thursday was 60 degrees from the july low so its always a good spot to add a little caution. So if Friday was a short term top i would be looking for sideways to lower into the 21st Sept before a final move as per chart.
Please understand this is just a road map and nothing says the market cant keep going up here and partly the reason i prefer stocks as there always be opportunities :))))
Ill look at a few charts and sectors tomorrow, today is hectic here. And the footy, Lions gone and the Sea Eagles :((
