Here is the revised brief with narrative and one new bull signal two new unusual names.
Market Overview
SPY closed at 770.19 today, good for its 3rd straight close above the 21 EMA at 766.00. The 8 EMA at 768.26 is riding just below price and the whole stack is intact with the 50 day at 756.86 and the 200 day way down at 709.87. VIX sitting at 14.5 tells you there’s zero fear priced into this tape right now. This is a clean, orderly uptrend, and the 8 EMA is the level to watch on any pullback rather than the 21.
