This Week's Highlights
- With the S&P having now gone 22 months without hitting a 2 year high, we suspect we will see one in early 2024. We are just hesitant to add significant new exposure now that we are back to overbought at resistance.
- At this stage of the rally, we are seeing some necessary inflection in short-term charts and related models, enough to support higher prices from here.
- That said, we have yet to. . .