S&P 500 recovered from the opening setback reasonably fast, and had reached 4,188 before getting rejected. Temporarily rejected, and soon back on the way to 4,209. Stock market improvement was that broad to let me call still in 4,19xs for a serious breach of 4,209. (…) it became clear early in the regular session that bears would be absent. … flipping the daily outlook decisively bullish, calling for a break above 4,177 already yesterday. Volume overall picked up sufficiently to repeat the daily bullish call for today in the European morning as well. … Rising volume in XLK, VTV, and good enoug…

Read More