TD Ameritrade’s Morning Trade Live
“Asbury 6” Market Metrics Positive
All of the “Asbury 6” Internal Market Metrics are positive, says John Kosar of Asbury Research. The metrics include the rate of change of the SPX, high-yield bond performances, investor asset flows for SPY, and trading volume in the SPX. John walks through the technicals on the SPX chart on a short-term and longer-term basis. He sees support around 4325 and formidable resistance at 4637.
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