Short Term Price Pulse

     The short-term price pulse is shown on the daily chart of the cash SP500 via the dark blue labels. Based on yesterday's post we are interested in whether this chart is confirming that a break may be imminent in the intermediate beta-x trendline just under the market. The answer, as of today, is 'No.'
     The short-term beta pulse was very short (in time) and shallow (in price) and bounced off the intermediate beta-x trendline. The short-term delta pulse is now underway. Tomorrow I will present the daily DeMark chart.