Alternative Investment Posts
Last Monday, the COVID-19 vaccine new caused $SPX to gap up 135 points on Monday's open. That was the largest percentage gap to a new all-time high in history.
As traders know, there's an old adage to "sell the news," especially if there has been anticipatory buying before "the news." And they did, drving $SPX back inside its 3200-3600 trading range.
It still seems that a close above 3588 -- i.e., a close above the highest prices reached in September -- would be an upside breakout and would have follow-
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