Posts Tagged 'fiscal stimulus'

June 2020 Outlook: Rally Set to Pause at End of Best 8 Months

Our Best Six Months Seasonal MACD Sell Signal for DJIA and S&P 500 triggered on May 13 when this recovery rally took a brief pause. The rally then resumed adding to May’s gains and putting NASDAQ back in the black for the year and up 5.8% year-to-date on the close of May. But the market is bumping into some resistance here technically and looks set to pause again and pullback to recent support levels.

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