Technical Upside Breakthroughs for SPX, Bulls Could See Follow Through
Schwab Network · Schwab Network
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Show Notes
Kevin Green looks at intraday levels within the S&P 500 (SPX) and points to the $6020 level as upside resistance, calling the day overall "decent." He says options activity suggests "cooler heads may prevail" after today's strikes, and adds that FOMC members around a possible July rate cut could also accelerate positive market outlook for investors. In terms of today's volume, he says some of the biggest sectors like technology and consumer discretionary have picked up into the close. KG adds that as long as there's no further escalation or geopolitical concerns, bulls could see further follow through to the upside in the coming days.
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