Until the market actually breaks down below the larger degree of support I have noted, I still think we will see the 6273-6377SPX region before we consider that a major top may be struck.
Gold soared and held huge gains on robust foreign demand. Since American stock investors haven’t even started chasing gold yet, they still have massive room to buy.
The market stepped out of the trend when it got down here and went to $2760. It then started the recovery process, and the tariffs are carrying the market to new highs.
