The SPREAD closed Friday 9/14/2018, at 5,357.12, up +50.14 (0.94%) this past week
vs off -86.44 (-1.60%)
the previous week.
The SPREAD pulled back out of bear market territory 129 weeks ago with a current discount to the 52-week
high at off -0.95%. One definition of a correction is a discount to the 52 week high
of 10%. A bear market is a discount to the 52 week high of 20%.
SPREAD set a new all-time high at 5,408.74 on 8/29/18 and the 52
week low is 4397.59
set on 9/5/27. The SPREAD is up +405.72 (8.28%) for 2018. It finished 2016 up 23.93% and 2017 up 15.44%.
at the 30 day chart above (top left) we can see slight buying at the end of
last week with the up trend in looking strong.
The markets should follow the SPREAD.