The S&P500 2-day RSI closed above the 99 level Tuesday
The spread between advancers and decliners on the NYSE swung from over +500 early in Thursday’s session to less than -800 at the close.
NYSE Cumulative TICK registered its ninth consecutive positive close on Tuesday.
The Nasdaq100 posted its second unfilled upside gap of the week Friday, capping off an impressive 10% rally since mid-October.
Looking back at similar days
Over the last thirty years, the session prior
Big move ahead of the Fed as the S&P500 gained over 1% and S&P futures posted an unfilled upside gap. Both occurrences suggest