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The SPREAD closed Friday 6/15/2018, at 5250.32, up +31.95 (+0.61%) this past week
vs up +117.51 (+2.30%)
the previous week.
The SPREAD pulled back out of bear market territory 116 weeks ago and out
of correction territory 106 weeks ago with a current discount to the 52-week
high at off -0.16%. 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%.
The
SPREAD set a new all-time high at 5,258.77 on 6/12/18 and is currently up +349.07 (+7.12%) on the year. The 52
week low is 4281.62
set on 8/21/27. The SPREAD finished 2016 up 23.93% and 2017 up 15.44%.
Looking
at the 30 day chart above (top left) you see a rally in the
last 4 weeks with an up trend and the question now is will
it continue?
Watch closer!
The markets should follow the SPREAD. |
