The S&P 500 Index ($INX) posted an impressive end of 2021, registering 70 record high daily closes over the course of the year, the second most for a 1-year period being 1995’s 77 closing record highs. Undoubtedly the major (long-term) trend on the monthly close-only chart remains up, with support at the previous 4-month low monthly close of 4,307.54, The $INX closed December at 4,766.18.
