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The ETF Index Trend Is Now Solidly Positive Despite The Economy And Earnings.

|Includes: SPDR S&P 500 Trust ETF (SPY)

The ETF Indexes are all in positive territory. The money pump is working for the longs at this point and despite poor earnings and a sluggish economy, stocks are driving toward their 2014 highs. The DOW is within 40 points of breaking that barrier and less than 300 points from its 2015 all time peak of 18351. The S&P has another 6% to go. The only caution is that we've made four previous trips here and failed each time.

Supporting Documents

  1. IndexETF__Report_041816.pdf