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Stocks Pause Rally

Oleh quantguy
Stocks have paused their rally as we suggested yesterday. We have found support just above 4545, as confirmed by a green triangle on the KRI. The Kovach OBV is still strong, but has curved over recently to reflect the pause. We will anticipate further support at 4521 and 4504. If we can muster the momentum for a continued rally, we will need to break 4580 before we can consider our next profit target at 4632
Chart PatternsDOWEquityghostsquawkTechnical Indicatorskovachnasdaqsnp500StocksstonksTrend Analysis
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