The bulls continue to run the show. There’s no doubt about that. Let’s see what Wednesday () has in store, but for now, here are some indexes ranked from most bullish to least.
First we have the , which is simply raging higher every single day. It has broken above its wedge and is at a lifetime high.
Similarly, although a little more subdued, the have the same situation.
And, so too does the . This one is at least still within the confines of its wedge, as opposed to floating out in the stratosphere like the Dow Composite.
The land of tech stocks hasn’t been quite so unabashed. In fact, there are still a few drops of bearish blood coursing through the veins of the .
As well as the .
Although the is virtually identical to the chart above, it is worth showing, since its channel break is so clean.
The remains, bless it, still prone to a true downturn. There’s not much wiggle room, though.
Finally, has been smothered in its crib. This is basically as low as volatility has ever been permitted to go since COVID took hold.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.