S&P 500 Technical Signals: Bulls Ready to Party Like It's 1999
Key Points
- Fidelity's Jurrien Timmer notes the S&P 500 is reverting to ...
Market analysts are once again proving they can find patterns in their morning coffee foam just as easily as in their fancy charts. But hold onto your trading terminals, because this time they might actually be onto something.
The Line That Keeps On Giving
Fidelity's Jurrien Timmer, presumably after staring at charts until his eyes crossed, has spotted something intriguing in the S&P 500's ten-year performance. The index, much like your neighbor's cat that always finds its way home, has crawled back to a familiar upward trend line after taking a brief vacation below it.
Bears Get Put I...
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