Daily Wrap – Yet Another ABI Signal As S&P and NASDAQ Make New Record Highs
The stock market put in an impressive performance today. The market’s tone this week of low conviction ahead of tomorrow morning’s CPI went out the window today, and it all happened as the S&P crossed $5600 for the first time. SPX (5m) crossing $5600 and price accelerating. I discussed it a little in the Afternoon…