S&p 500: The medium-term trend remains bullish

позавчераSo far this year, the S&P 500 is up about 20 percent.

The upside for the S&P 500 is limited and, in most cases, starts to fall back. The larger trend remains bullish, with new highs possible later this year, but volatility is likely in the next month or so.
The 50-day up/down volume indicator is a signal that could last several months. There will be consolidation in the current bull market, but it may last for a few months or so, but expect higher highs and higher lows.

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