July 6, 2021

This week I decided to share the daily chart of the S&P500 with you guys so we can zoom in a bit further and examine the price behavior of the market. As you can see on the chart above, market continued to rally heavily last week and made multiple all-time highs throughout the week. The rally was also accompanied by major buying volume coming in, confirming the interest in buying stocks regardless of inflationary concerns raised by the federal reserves.

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