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Jim Wyckoff

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S&P stock index poised for more upside

February 12, 2024 by Jim Wyckoff

The March S&P e-mini stock index futures are seeing a steady climb and reaching new record highs frequently. This slow, steady, low-volatility climb in prices is just what the bulls want to see, because it suggests more of the same in the near term. There are no strong, early technical clues that the U.S. stock indexes are close to peaking out. The bulls have the strong overall near-term technical advantage. Stay tuned! Jim Wyckoff

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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