Weekly S&P500 ChartStorm - 17 November 2024

This week: technicals check, a focus on sentiment (retail vs fund managers, market measures, analysts, consumers, investors big and small), sales growth, and the age of the biggest...

Welcome to the latest Weekly S&P500 #ChartStorm!

Learnings and conclusions from this week’s charts:

• S&P500 is taking a breather after briefly hitting 6000.

• Numerous investor surveys have hit record (bullish)highs.

• Market measures of sentiment show extreme confidence/complacency.

• A clear vibe-shift is underway in economic confidence.

• High growth once is easy, …