Market Analysis (07 June’21)

All of the major indices are sitting right below their respective prior all time highs. If market produces a +2% move this week, all four indices could hit their new records at the same time. Should this happen, the consequent rally could be quite extensive due to a shortsqueeze coupled with the FOMO pushing the prices even higher.

S&P500, 1h

Russell, 4h

Dow Jones, 4h

Nasdaq, 4h

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