Midday Update: 2024-03-01
New equity highs
S&P 500
The S&P 500 and Nasdaq 100 broke to new highs and have been squeezing up through the morning and early afternoon. I’m penciling this in as a low degree third wave in progress with targets around 5150.50 and 5154.50.
Bonds
With the break above 119^23 today, I have to assume that wave [II] is aiming for at least 120^17 a…
Keep reading with a 7-day free trial
Subscribe to Trading On The Mark to keep reading this post and get 7 days of free access to the full post archives.