Market On Close, Thursday 23 January

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S&P500 ATH

by Alex King, CEO, Cestrian Capital Research, Inc

What else is there to say? Despite doomsayers everywhere, buyers are dragging equities up to new all time highs. That's bullish until it isn't. The S&P rang the bell today; the Nasdaq is thinking about it; the Dow and the Russell have a hangover and aren't playing at this time.

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Well, those charts won't draw themselves (yet - when AI nails this I plan to play more golf. Or at least learn to play golf. Maybe).

Short- And Medium-Term Market Analysis

So, let’s get to work. If you want this daily dose of pattern recognition, and you aren’t yet a subscriber of ourse, you can read about and choose from all the subscription services that include this note, here.