The chart shows the S&P 500 rising within a well-defined channel. The trend is up as long as the average is within the two lines identifying the channel.
The trend will change when the S&P 500 breaks below the channel. Until that time...enjoy!
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Author, Profiting in Bull and Bear Markets
No. 1 bond timer in the past 12 months.
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