Monday, August 22nd, 2016

Market posts new highs


Markets make new highs in lacklustre earnings season. Take a look at SPY and SPX as it move higher the volume dries up. Making your realize less buyers are willing to commit to it. This could be an interim top in the market place and slight pull back from the new highs. The V shaped recovery has been very robust for the year and pushed up straight for a month.

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