US stocks finish strong as the rebound continues

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US stocks finish strong as the rebound continues

It's been a one-way trade in US stocks for the past two weeks in an impressive rebound from the March lows.Technicans

SPX daily

It’s been a one-way trade in US stocks for the past two weeks in an impressive rebound from the March lows.

Technicans will love the S&P 500 chart for a long time with that series of higher lows and/or double bottom followed by a spring higher. Resistance though, is nearby, and inflation data is coming Thursday.

  • S&P 500 +0.7%
  • Nasdaq +1.3%
  • DJIA +0.3%
  • Russell 2000 -0.2%

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