Stock Market Today: S&P 500 Hits Key Retracement Level

Dan Russo

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

 

Twitter:  @DanRusso_CMT

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