Weekly Market Outlook – Technical Resistance Dead Ahead, Just Don’t Sweat It Too Much Yet
February 11, 2024 at 12:20 PM EST
With last week’s 1.4% advance, the S&P 500 is up 7.0% for the five-week stretch. The market is just rolling. On the other hand, with last week’s romp, the index is now bumping into pretty-well-established technical resistance.
