Market Stages Technical Breakout

June 4, 2025
Author: Peter Stolcers, Founder of OneOption
Author
Pete

Yesterday the market closed above the May 19th high ahead of major news.

PRE-OPEN MARKET COMMENTS WEDNESDAY - The S&P 500 rallied 120 points off of the low from Monday and the price action has been bullish. Semi conductor stocks lead the charge yesterday and there is a nice bid to tech stocks. It tried to rally overnight, but those gains were erased by a soft ADP report.

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