Not exactly a riveting morning so far, is it? In spite of ample reports of a looming “second wave“, the persistent promise of another trillion dollar “stimulus” package, maybe a new one every couple of weeks for whoever asks, is propping up this pig.
Below I offer several major cash index markets on which I’ve marked a few common elements:
- Green tint showing the lifetime high;
- Yellow tint showing the important price gap from last week;
- Red circle showing the damage or failure of the March 23 trendline.
