Bull trend intact: S&P 500 absorbs the May whipsaw
May 23, 2017 at 12:35 PM EDT
Technically speaking, the major U.S. benchmarks’ primary bull trend has likely weathered a respectable mid-May market whipsaw. Though not picture-perfect, the rally from the May low has been directionally steep, placing the S&P 500 and Nasdaq Composite firmly within striking distance of record territory.
