On May 15, 2025 it was noted that markets were still expected to move higher. As markets moved higher investment managers would adjust their exposure, as needed. On June 4, 2025, investment managers adjusted their exposure in a way that is similar to what occurred on June 10, 2020. This aligns with the S&P500 index, which has a 78.6% retracement formation that is similar to June 2020. The possibility of an increase in volatility is expected over the short term before moving higher.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
