T2108 Update – The Underlying Bullishness of the S&P 500’s Melt Up to 1999.99
March 05, 2016 at 18:52 PM EST
This week was remarkable. The S&P 500 closed up 2.7% for the week, dominated by a 2.4% rally to start the month, a convincing confirmation of a 50DMA breakout that ushered in the first overbought period in 414 trading days.