Stocks reached up to new multi-week highs yesterday with the S&P 500 (NYSEARCA: SPY) tagging a key retracement level.
The stock market is overbought near-term so active investors should be on the lookout for a pullback… and when we get one, assessing the character of it.
Here are some highlights from today’s video:
– S&P 500 Hits Key Retracement Level
– Small Caps Continue to Improve
– Short-Term Breadth Metric is Overbought
Stock Market Today Video – January 17, 2019
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