Blinded by Popularity
Hey there, Ross Givens here with your Chart of the Day. I’ve been keeping an eagle eye on the S&P 500, and it’s gearing up for a significant hurdle—filling a gap from September 21. That’s when we saw a sizeable drop after the Fed’s latest policy meeting. Now, as the index nudges towards this critical level, it’s a make-or-break moment that could signal if the rally’s got the juice to keep going. The Nasdaq’s already jumped over this hurdle, and I like what I’m seeing. Stick with me, and I’ll show you how this rally could be just as good to you as it’s looking to me. Dive in with me for more insights in the Insight of the Day.
November 9, 2023
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