Net bullish July

 

 

Summary 

The SPX saw a July gain of +61pts (1.1%) to 5522, having printed a new hist' high of 5669. The monthly settlement was above the key 10MA (5002), as the m/t trend remains bullish. Momentum ticked upward, settling on the very high side.

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New historic high

 

 

Summary 

The SPX saw a June gain of +182pts (3.5%) to 5460, having printed a new hist' high of 5523. The monthly settlement was above the key 10MA (4878), as the m/t trend remains bullish. Momentum ticked upward, settling on the very high side.

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Momentum strengthens

 

Summary 

The SPX saw a May gain of +241pts (4.8%) to 5277, having printed a new hist' high of 5341. The monthly settlement was above the key 10MA (4783), as the m/t trend remains bullish. Momentum ticked back upward, settling on the high side.

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