Breakout likely paves the way for Advance into mid-May

There will be no video today, 4/28/2023. Thank you for your understanding

Thursday’s reversal looks important technically as a bullish development which can carry US Equity markets higher into the middle part of May.   While some might question the viability of this week as being a breakout, a weekly close above SPX-4137.63 represents the highest weekly close since last Fall. 

Furthermore, QQQ has also closed at the highest levels since last August.  While Technology...

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Ray: 762896-8f6187-eb4926-f506a5-43e21b

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