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SPYBullishMarket RecapShort Term

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Opinion: This new S&P 500 buy signal gives you another reason to stay bullish about stocks - MarketWatch

Market WatchJul 5, 5:27 PM EDT1 source

AI summary

What happened and why it matters

S&P 500 continues to hit all-time highs, indicating a bullish trend. Support levels include 5,450; 5,380; and 5,260. Equity-only put-call ratios signal buy, breadth is strong but diverging from SPX. VIX remains subdued, positive volatility derivatives for the stock market. NYSE new highs trigger buy signals, maintaining core bullish positions.

S&P 500 continues to hit all-time highs, indicating a bullish trend.
Support levels include 5,450; 5,380; and 5,260.
Equity-only put-call ratios signal buy, breadth is strong but diverging from SPX.

Key facts

01
S&P 500 continues to hit all-time highs, indicating a bullish trend.
02
Support levels include 5,450; 5,380; and 5,260.
03
Equity-only put-call ratios signal buy, breadth is strong but diverging from SPX.
04
VIX remains subdued, positive volatility derivatives for the stock market.
05
NYSE new highs trigger buy signals, maintaining core bullish positions.