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Market Insights: Wednesday, June 5th, 2024.
SPY gapped up today over $2.30 on weaker than expected ADP employment figures and initially sold off until it found support at $529 @ 10 am ET. The market then entered a relentless bull trend that didn’t give way all day with SPY closing at a new all-time high of $534.63, up 1.19%, reaching...
Market Insights: Tuesday, June 4th, 2024.
SPY opened down @ $1.75 today and moved a bit lower, finding support at $525 by midday. The morning was filled with chop with little opportunity for profit. By the afternoon the market found its footing and pushed higher @ the 2 pm hour, reaching a high of $529.15 before stalling and settling...
