The S&P has been in nothing more than a range these last few weeks. Eventually it will have to break up or down.
MACD is putting pressure on the market so far which is still on a sell, however the bears just do not have alot of power to take the market down here.
When you see a chart like the one below, it is a reminder that we are in a BULL MARKET, meaning you see higher lows, and higher highs. For now the bull market remains in check.
|spx update chart|
WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED? CLICK HERE To Join Our VIP ELITE GROUP -- FREE!
Powered by 123ContactForm | Report abuse