SPX Jumps Off Lows, Tech/Utilities Ratio Shows More Upside
Schwab Network · Schwab Network
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Show Notes
Markets faced pressure in the middle of the trading session, though stocks managed to jump off the morning lows and close higher on the day. Kevin Green warns that downside risk is still possible with two open gaps in the SPX that could see a retest. A bullish indicator favoring SPX upside is the tech to utilities ratio, as Kevin explains the potential for tech to rally further.
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