Market reflects further underlying strength via undercutting its rising 10-MA and rallied to a close near its year to date high. At the point of
Author: Jeff Sun
Most names highlighted in yesterday diary rallied strong and hard. The continual market rally is broad based across all various cap size and sectors as
Internals such as MMTW and NH/NL remains resillient despite narrow range session within the major indexes. Continual ranging sessions will be welcoming and healthy. SaaS
$SPY closed at high, reclaiming its 200-MA in a session where market opened to weakness. Weekly gains were distinct in $XLY (+5.78%) and $XLK sectors
$SPY continues build from yesterday’s rally with a +1.26% gain, remaining above its 50MA. Broad market further shaped up positively with $MMTW now at 81.63%
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