…an independent advisory firm building wealth with active portfolio management

Tag: Relief Rally Failing

  • Does this look like a Stock Market Rally? 230224

    Does this look like a Stock Market Rally? 230224

    Today the S&P 500 found support at its 200 day moving average but it’s been down 5 of the past 6 sessions and I think the 2023 Relief Rally is fading.  The S&P 500 is below several significant technical levels that I track: More significantly, over the past year, the S&P 500 has failed (MULTIPLE…