Prices moved slightly higher, scoring the second advance in as many days. This combination follows two successive losses – a rare pattern. Further, it is a bull market combination – with only one appearance during bear markets, whereas the other 14 occurred when prices were trending higher.
Note that just about half of these days are in the current expansion, with the last one about two months ago, on March 18.
The diagram locates these days; it also shows that losses and gains were about even on the following day.
DJIA .12
NASDAQ .86
S&P500 .38
