SPY started the day with a breakout above an important resistance line (in yellow). If it holds, we could be seeing $270-$280 this week.
Play it safe, though. The fundamentals are all over the place and the economy is a long way from normality. The earnings season will start next week with banks, which means we will likely start seeing the markets running on the economic reality rather than just sentiment.
Play it safe, though. The fundamentals are all over the place and the economy is a long way from normality. The earnings season will start next week with banks, which means we will likely start seeing the markets running on the economic reality rather than just sentiment.
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