Will S&P 500 Double Top Derail The Rally?

Will S&P 500 Double Top Derail The Rally?

The rally off the December stock market lows has been strong, to say the least. The S&P 500 rallied 25 percent before hitting and testing the 2018 high. The old highs proved to be formidable resistance and ushered in some volatility in May… and a 5 percent...
Triple Breakout Test In Play For S&P 500!

Triple Breakout Test In Play For S&P 500!

Is the rally of late about to run out of steam or is a major breakout about to take place in the S&P 500? What happens at current prices should go a long way in determining this question. This chart looks at the equal weight S&P 500 ETF (RSP) on a daily basis...