The next 2-4 weeks should see a decent 5% retracement of the S&P500.
Broken down of supporting trend line, Daily and Weekly indicators turning down, suggest very strongly a retracement is overdue.
Am not expecting it to be very deep, targetting 4020, or worse case, 3840.
Thing is, look out for the upside...
Broken down of supporting trend line, Daily and Weekly indicators turning down, suggest very strongly a retracement is overdue.
Am not expecting it to be very deep, targetting 4020, or worse case, 3840.
Thing is, look out for the upside...