A rare bullish signal with a perfect track record flashed in the stock market this week.
This signal has flashed 28 times since 1962, with the S&P 500 averaging 15% returns one-year later.
AdvertisementAn ultra-rare bullish signal with a perfect track record flashed in the stock market this week, suggesting another year of record highs ahead.
Advertisement"Similar improvements in market breadth resulted in a 96% win rate over the following year," Christians said in a note to clients on Tuesday.
But the signal has a perfect win rate when it flashes while the stock market is at or near record highs, as it did this week.
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—, McClellan, SentimenTrader, Dean Christians, that's
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