S&P 500 hesitates at 2450

The S&P 500 hesitated at 2450, short of its target of 2500*. Bearish divergence on Twiggs Money Flow warns of medium-term selling pressure. Expect stronger resistance at 2500.

S&P 500

Tech stocks are advancing at a rapid pace, with the Nasdaq 100 approaching 6000 after only breaking 5000 in January. Rising troughs on Twiggs Money Flow signal strong buying pressure. No signs of a ‘blow-off’ yet.

Nasdaq 100

Stage III of a bull market can last several years.

One Reply to “S&P 500 hesitates at 2450”

  1. Article title : S&P 500 hesitates ..

    Response: He ( or she, or it, or whatever is proper now-a-days ) who hesitates, is lost …………….. correctly, in the Bull Market. Lost – in a Bull Market – it’s a real good place to be.

    Thanks for the service.

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