In today’s briefing:
- Forced Participation
Forced Participation
- Explosive SPX upside is a result of funds having to chase as most have not participated in the rise above 4,200.
- Our 4,500 target may need to be upgraded with a fresh projection at 4,547. Bull energy slated to extend into late June and like buying dips.
- Will A and H shares be the next rotation flavor? HSCEI 6,600 bull pivot. A50 13,200 resistance.
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