The S&P 500 weekly is showing a close above last week’s range. This is the 3rd consecutive week that market has closed above the opening range and made a new all time high. Until I see sustained weakness, my outlook remains bullish.
- Pivot High – 3052
- Pivot Low – 2996
- Opening Range High – 3080
- Opening Range Low – 2913
I’ve been hearing some chatter about the NDX 100 topping here. So far, I don’t see it.