The Bulls Just Jumped Back In
Hey, it’s Ross Givens here with the Chart of the Day. This is the S&P 500 closing above the March highs on Friday after dipping below it on Thursday. Had it closed further below, we’d be looking at a near failed breakout. Instead, the week ahead looks promising. The daily chart shows bulls stepping in during the last 30 minutes to push the market above those March highs. This last-minute surge proves the bulls are ready to jump back in with force—and that’s something we can take advantage of. I explain how in today’s Insight of the Day.
June 3, 2024
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