Wednesday, August 23, 2023

How far can the relief rally run?

Mid-week market update: I have been calling for a relief rally, followed by a deeper correction (see Why I am both bullish and bearish). The relief rally seems to have arrived as the S&P 500 breached the upper trend line of a falling channel while exhibiting improvements in new 52-week high breadth.



How far can the rally run?

The full post can be found here.

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