"The S&P 500 Index or SPX had four weekly closes in a narrow band. It looks like a bullish case could play out as SPX could reach the 3,800 level. It looks like buyers will take control of the stock market today. The Russell 2000 could never take out that June 2022 low and the Dow Jones started showing strength next to the September 2022 low. When institutions take charge, the four major indices will move in lockstep," says Tom Alexander.
18 Oct 2022
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