S&P 500: The Recovery Faces A Key Test - Week Starting 28th April (Technical Analysis)

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cemagraphics The S&P 500 ( SPY ) staged quite the turnaround last week, in a move which "engulfed" the previous week's range, broke to a new recovery high, and managed to close above the March low, potentially setting up a significant monthly reversal. This all started at Analyst’s Disclosure: I/we have a beneficial long position in the shares of VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions.

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