The SPREAD closed Friday 12/01/2017, at 4,847.50, up 74.96 (+1.57%) this past week
vs up 59.33 (+1.26%)
the previous week.
The SPREAD pulled back out of bear market territory 89 weeks ago and out
of correction territory 80 weeks ago with a current discount to the 52-week
high at off -0.38%. 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 4,865.84 on 11/30/17 and is currently up 14.40% on the year. The 52
week low is 4206.47
set on 12/05/2016. The SPREAD finished 2016 up 23.93%.
at the 30 day chart above (top left) you see a big move up with secret dip at
the end of last week and the question now is will it continue?
The markets should follow the SPREAD.