Dow Jones Industrial Average: +51.01 or 0.52% at 9829.87
S&P 500 Index: +7.00 or 0.66% at 1071.66
NASDAQ Composite Index: +8.26 or 0.39% at 2146.30
NYSE Internals: 2173 Advance. 875 Decline.
A good Fib. extension for this wave is 1096 on the SPX. That should be enough steam to get the Dow back to that 10,000 mark. After that... it's lights out.
That will also be enough to get SPY to it's gap fill from the free fall last year.
Financials and energy were the leaders today. US Dollar was weak, making Crude Oil and Gold rally. It appears to be that Tech and Financials are the only leaders though. If tech is weak, then financials make up for lost ground and vice versa. GS also makes a new 52-week high, which helped the financials big time. VIX continues to get crushed as well, which is helping the SPX rally.
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