AllTechnical Analysis
logoArgusMarch 04, 2021

Technical Assessment: Bullish in the Intermediate-Term

Intermediate Term
Long Term
Summary

Maybe Monday -- when all indices, small and large, and all 11 S&P sectors rose in unison -- was just a mirage. Or as a sportscaster used to say, "the fans rise as one." On Wednesday, we were back to what has been the norm in late 2020 and early 2021: weakness primarily in the Nasdaq and Nasdaq 100 (QQQ) pulling the S&P 500 down with it, but continued relative strength in small-caps and mid-caps.

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