Stock Indices Surge Higher On Bad News

The Stock Indices, after some morning volatility, surged higher today. While there was a slight divergence in breadth and extremely low volume, we have to respect price development and for now it is up. After rallying for the last two days, it would not be surprising to see some type of pause tomorrow, but that is speculation at this point. How we close tomorrow will be very important, especially if today’s lows hold on any pause.

Leave a Reply

Your email address will not be published.