Today’s Chart of the Day was shared by Mike Moses (@DominickMike). It's a 15-minute candlestick chart of the S&P 500 over the past month. The S&P 500 has been stuck in a 100-point range over the past six sessions, between 4070 and 4170. As we highlighted last week, 4170 is a major level for the S&P 500 as it represents the March lows. A break above 4170, would strengthen the bull case. Either way, we will likely see a resolution out of this range this week.
Chart of the Day - Monday, June 6th, 2022
June 6, 2022
