New Highs

 4/15/226

SPX and NDX made unexpected new highs. My firends at EWI now compare this to early  year  2000 when the same thing happened, DOW did not make new highs. But the market soon topped and declined.

 

A chap named Wells Wilder created several technical indicators till in use today, above main panel are the blue dots of PAR SAR Parabolic stop and reverse. This is great when te market take off, may 2025-Nov 2025, but of little help in a mostly sideways market, Nov 2025 to now. 

 

But coupled with RSI, PMO, CCI, we have a better idea of highs and lows. For now, honestly I do not know, seasonally we are at or near a market high, after May go away.  

More updates the next two days