Technical Tuesday - March 16, 2021 - Equities

publication date: Mar 16, 2021

The S&P 500 is very close to our target level of 4000, which is where we would first look for a pause/pullback to occur. The Nasdaq Composite reversed off the MOB band and has now rallied back above the lower end of its channel line and 50-day average. A positive development.

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