The strength of the S&P 500 index is especially clear when compared with the chart of the FTSE 100, says Mark Sturdy at www.sevendaysahead.com
This is evident both from the long-term trend since 2007, and also from the short-term action during 2013 so far. The S&P has bounced sharply without retesting its rising line of support below. Traders should prepare for difficulties as the market approaches the 1574 all-time high.
