Flag Breakouts in Tech-Related ETFs – Housing, Regional Banks and Retail Do an About Face
The weight of the evidence remains bullish for stocks, despite sizable pockets of weakness within the stock market. SPY is above its rising 200-day SMA and held its October low (650). The most important benchmark for US stocks remains strong. SPX %Above 200-day SMA bounced off the 50% level and is currently at 60%. The cup