Highest S&P Close Since October — Now What?
The range between $2800—2825 has been a critical resistance zone for the S&P. However, even as the market hung out here, key market leaders like the cloud stocks and MSFT are making new highs. Where the leaders go, the market usually follows. Especially now, since today we closed at the highest level the S&P has seen since October, I believe investors with FOMO will pile in. Pushing prices even higher. Let’s talk about the Dow, BA, FRPT, CRM, MSFT and AMZN.