S&P 500

6 Oct 2020 ‚óŹ 03:39 AM

The S&P starts a new rally, should you mark this as a-b-c or i-ii-iii, I am marking it as i-ii-iii meaning the odds of new highs in the S&P are open. Why? From the start of September, I started to note that other indices in the US like the Russell 2000 [smallcaps], the DJT [Transports index], DJU [Utility index] are holding out in the volatility and showing signs of stability. They indicate that the trend is strong in the broad market or market internals. Only short term hurdle to watch for this is the 61.8% mark t 3440

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