Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
After being trapped in a trading range between 1040-1130 for months, the SP500 finally broke above the trading range and closed at 1142.71 today. Joining the break are the Nasdaq 100 & the DJIA. Still lagging behind are the Russell 2000 and the DJT. Today's move will likely continue with further move toward the next target level (see charts.)