How Sound Is This SPX Recovery

S&P 500 retraced some of Wednesday‘s decline, dipped after the open only to push higher into the close – again, and again clients profited both short and long (Ellin‘s TSLA call move ended up smashing – let‘s see how the stock trades today, whether it can sustain the momentum to the finishing line Friday).

I already presented today‘s intraday game plan – but now, let‘s ask whether anything is changing in the markets, and let‘s start with looking at yields, then you can check the dollar and how various risk metrics are stacking up.

S&P 500 and Nasdaq


More By This Author:

Stop-Loss Run With Reason
Too Late for NVDA and IGV – Or Not
Where To Look For Outperformance

Subscribe to Monica‘s Insider Club for trade calls and intraday updates.  more

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with