The S&P 500 continues to advance, with a short-term target of 2500*. Bearish divergence on Twiggs Money Flow warns of rising selling pressure. While secondary (medium-term) in nature we should expect stronger resistance at 2500.
Bellwether transport stock Fedex is advancing strongly after breaking out above $200, signaling rising economic activity in the economy.
Stage III of a bull market can last for several years.