The SPREAD closed Friday 6/23/2017, at 4,425.55, up 5.64 (0.13%) this past week
vs off 36.73 (-0.82%)
the previous week.
The SPREAD pulled back out of bear market territory 68 weeks ago and out
of correction territory 63 weeks ago with a current discount to the 52-week
high at off -1.333%. 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 4,485.36 on 6/13/17 and is currently up 4.44% on the year. The 52
week low is 3493.62
set on 6/27/2016. The SPREAD finished 2016 up 23.93%.
at the 30 day chart above (top left) you see a bullish jump midweek the question now is can it continue climbing.
The markets should follow the SPREAD.