S&P 500 looked ready to consolidate, and then yesterday‘s data came, spurring a market turnaround that all clients were prepared for and benefited from – as per the below tweet screenshot. What does the market breadth and sectoral view say about today‘s rally continuation prospects, won‘t S&P 500 pull back for some retest in the days ahead, or good news can power it higher? UoM?
The importance of having access to my thoughts on a timely basis, is clearly shown in the SPX price difference as shown on the two charts (before the news, and today premarket). Let‘s see also how the dollar turn higher continues, or whether strength gets sold as it did in the last couple of days… Check out today’s video to find out much more as regards real assets too!
-638830027963681486.png "S&P 500 data-driven turn 3")