With higher oil prices, a growing perceptions of rising inflation, higher short- and long-term interest rates, and escalating tensions with Iran, the stock market, as measured by the Dow, remains extremely resilient.
Friday's session established a new high for the S&P 500 (SPX), but the new high has been followed by a plunge of nearly 20 points, which has wiped out nearly all the gains for the week and leaves the SPX in a very vulnerable position heading into next week.
Copyright 2025 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.