Six Day Ceiling For Markets
2022.06.07 11:32
For six trading days—that spans three calendar WEEKS—the market has been positively stuck in a relatively teeny little range. On the one hand, there was the preposterous and ultimately pointless counter-trend rally which exploded into the Memorial Day weekend. On the other hand, there is the Himalayan Mountain Range of overhead supply holding prices back.
There’s a reason all the charts below, which are comprised of a wide variety of financial instruments from all over the globe, yet still all look the same. The reason is that, in a just and sane universe, every single one of them should get absolutely this summer. It’s as simple as that.
AII-World Index Chart
DJUSFN Index Chart
DJUSL Index Chart
Russell 3000 Index Chart
Russell 1000 Index Chart
COMPQ Index Chart
Dow 30 Industrials Index Chart
NDX Index Chart
OEX Index Chart
SPX Index Chart