Last week saw the strongest stock market gains in 46 years, as a bear market rally sparked a surge of opportunistic buying and investor confidence. Investors appear to have gotten used to the idea that times are bad right now; the shock has worn off, and traders are willing to buy again despite heightened risk.In a technical analysis report on recent trading, a JPMorgan team led by Jason Hunter, advised, “Key tactical support rests at 2350-2386. Breaks below would open the door for a more substantial retest of the Mar low. If that unfolds, we expect support in the 2100s …read more
Source:: Yahoo Finance
