S&P 500 hits a new closing high

This is a tentative breakout worthy of a headline but not a trade. Wait for a confirmed breakout. You will know.

New closing high for the S&P 500

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The following chart was published in The Economist

Published in The Economist

https://www.economist.com/finance-and-economics/2018/08/23/americas-stockmarket-passes-a-milestone

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“Technical Analysis is about identifying trends”
Note:This technical analysis is for educational purposes. Please conduct your own analysis or consult a financial advisor before making investment decisions. The author of this article may hold long or short positions in the featured stocks or indexes.
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