Stock Market Today: 3 Week Rally Meets Resistance

What a difference 3 weeks makes! Just 3 weeks ago, investor fear was peaking and uncertainty was painted on traders faces.

Things are fairly calm now… that tends to happen when the S&P 500 (SPY) rallies 10%+ off the lows.

But it’s no time for complacency. Today’s video looks at what’s in store for the week ahead along with some trading ideas. Here are some highlights:

–  Three week rally takes stocks into resistance; Small Cap underperformance is waning but still bearish

–  The Dollar is testing the rising 200-day moving average

–  Death cross for the 10-Year Yield

Stock Market Today Video – January 14, 2019

 

Twitter:  @DanRusso_CMT

Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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