Will The S&P 500 Remain Above $4600 Through Year-End? Overextended Breadth Indicators And Overbought Conditions Suggest Doubt
There's no denying the strength we've seen in risk assets since the October market low. When my Market Trend Model turned bullish on all three time frames in mid-November, it was difficult to deny the overwhelming positive momentum for equities. This strong upward momentum has now brought the major indexes up
Source: benzinga.com