XH4D
US indices near-term trend is up
US stock indices closed the week very strongly in the first week of March. The way in which they bounced higher from key inflection points tells me we are likely to see a sustained
Stock Indices Near Term Trend Is Up; Aerospace Stocks Leading (Technical Analysis)
Summary
- Stock indices closed the first week of March on a strong note. This tells me the near-term trend for stocks is likely higher.
- I previously wrote that the artificial intelligence sector was leading the stock market. This has been the case in the past few weeks.
- There is fresh emerging strength from the Aerospace/Aviation sector.
Price action and charts. On Substack @thehermittrader
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