SMLL - Weekly S&P 500 ChartStorm - The Balance Is Shifting

• We take a look at a number of key sentiment and technical indicators which in sum are starting to look oversold.
• What's more, the S&P 500 looks to have put in an interim base support level at 3200 (let's see if that can hold this week!).
• Ideally we'd like to see more bullish divergences showing up for a more robust bottoming signal, or deeper/stronger oversold levels.
• But with seasonality beginning to shift, there is a clear and steady shifting in the balance of risks as the market correction progresses.

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