$SPX $SPY

✅ Last week we shared with our premium members that the McClellan Oscillator, a market breadth indicator, for the SP500 -called SPXMO- registered over 100. 💪

✅ Since data is available (1998) that has happened only ~20 other times during Bull markets. 🐂

✅ Since the SPX made a new all-time high last week it’s clearly in a Bull and not a Bear market. Know your market environment ☝️. 

✅ Thus SPXMO readings >100 are rare (on average about 1 per 1.5 years). 📊

✅ Attached chart shows forward returns were mostly double digit, with little risk, and lasted for months. 🤩

BUCKLE UP BUTTER CUPS 🍿🚀📈🎆
#SPX #SPY