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Monday, November 25, 2024

Any Guess on Today’s High Thus Far?

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

S&P 500 high thus far: 1434.27

High on Nov 2nd?  1434.27

Coincidence I’m sure.

Near term the market is getting hot here, but you certainly could see if they break it back over this “double top” level some capitulation selling from short sellers.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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