In today’s briefing:
- Semiconductors and Technology Leading the Way; IWM Holding Above $209; Still Firmly Bullish
Semiconductors and Technology Leading the Way; IWM Holding Above $209; Still Firmly Bullish
- We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass).
- We will maintain our bullish view as long as market dynamics remain healthy and the S&P 500 (SPX) is above 5700-5785 (up from 5500).
- We continue to be buyers in the 5700-5785 range, and we would also be buyers at 5804-5854 gap support. We are expecting all-time highs soon on SPX.
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