S&P 2014-09-02

BarroMetrics Views: S&P 2014-09-02

The S&P continues to churn, making new highs on low range and volume. Nevertheless each attempted sell off has been met with buying. In Figure 1, you see two  days where the S&P sold off at the open, only to finish near the highs.

The St Louis Fed AMB is due out this week. I’ll be interested to see what that shows.

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FIGURE 1 S&P Daily