S&P500 Breakout

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Includes: IWM, QQQ, SPY
by: Barry Ritholtz

The S&P500 broke out yesterday from a two month consolidation, clearing recent resistance. Meanwhile, the Nasdaq and the Russell 2000 continue to lag.

click to enlarge

spx_breakout

Of course, these things always seem to happen when I am in meetings all day . . .