Watch Out For This Pattern!

The S&P 500 did not make a new high today, but the NASDAQ did. Unlike prior new high from the NASDAQ, there was not much participation from the FAANG stocks. In this S&P 500 technical analysis, we will analyze the S&P 500, review the stock market sentiments and its internals to determine where the sp500 and the NASDAQ are headed. We will also identify potential patterns to watch for in the coming days. In addition, we will review the 10 years yield, the US dollar, gold, silver and crude oil.