Bullish SPX Ahead of Nonfarm Payrolls, Examining Breadth & Put/Call Ratio
Schwab Network · Schwab Network
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Show Notes
Higher lows and higher highs in the SPX reinforced bullish momentum for the index. That, paired with strong market breadth, makes it harder for bears for knock the market down, according to Kevin Green. He takes a closer look at the SPX put-to-call ratio and the one-standard deviation move that shows "extreme" momentum heading into Friday's nonfarm payrolls print.
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