Wednesday, June 5, 2024

A well-telegraphed market advance

Mid-week market update: The S&P 500 has risen to a new all-time high, and this move was well-telegraphed. I wrote on the weekend and characterized conditions "half-hearted buy signals that indicate low downside risk".

The S&P 500 subsequently staged an upside breakout from a bull flag to a fresh all-time high.


The full post can be found here.

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