Geez, I don’t know what charts I was looking at earlier!
All three US major indexes closed at ATH’s
DOW + 21 points (+0.05%) from ATH
S&P + 42 points (+0.8%) “
Nas + 209 points (+1.3%) “
Thats the power of much needed (prayed for?) soft economic reporting and reinvigorated rate cut expectations.
Apols for the confusing earlier post.
But potential double top risk remains in play until we have 1-2 more closes above the previous ATH values.
Dex
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Wednesday 15th May, 2024, page-50
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