Bears Beware Of Another Flawless Bullish Indicator

Summary

  • Stocks are overdue for a pause to refresh, as we saw in March.
  • Bears are likely to pounce on the pullback in hopes of reinvigorating a flawed narrative.
  • The S&P 500 just made a new 52-week high after more than one year without doing so.
  • The historical precedent for this is extremely bullish.

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