Stock Markets Analysis and Opinion

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.

Six Day Ceiling For MarketsAII-World Index Chart

Six Day Ceiling For MarketsDJUSFN Index Chart

Six Day Ceiling For MarketsDJUSL Index Chart

Six Day Ceiling For MarketsRussell 3000 Index Chart

Six Day Ceiling For MarketsRussell 1000 Index Chart

Six Day Ceiling For MarketsCOMPQ Index Chart

Six Day Ceiling For MarketsDow 30 Industrials Index Chart

Six Day Ceiling For MarketsNDX Index Chart

Six Day Ceiling For MarketsOEX Index Chart

Six Day Ceiling For MarketsSPX Index Chart

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