Trading Plans for FRI. 4/26/24 – Can Markets Grow Resigned to Sticky Inflation?

S&P 500 INDEX MODEL TRADING PLANS for FRI. 4/26/24 The index closed at 4123 two Fridays ago, and, after inflation-concerns related gyrations the index is likely springing back to test that level again. Our trading plans into that week stated: “A daily close below 5170 is needed for the current bullish bias to be negated. (more…)