The troops are leading the general

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-10-06 at 13:00:00 CDT

The S&P 500's Cumulative Advance/Decline Line hit a new all-time high as the rally has broadened. This is leading the S&P 500 index itself, which is still below its own high. When the troops lead the general like this, it has typically led to positive forward returns.

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