Here is a great chart from Brett Donnelly highlighting today’s 9-day winning streak in the S&P 500 (which is likely to hold given the 1.6% gain so far).
It’s the first 9-day run since 2005 and another day of gains would take us back to 1996. The record was a 14-day winning streak that ended on April 15, 1971.
Looking at this chart though, I’m struck by how few of the nine-day streaks turned into 10-day streaks.
This article was written by Adam Button at www.forexlive.com.
