Coming to Overhead Resistance | 4xQuad.com | $SPX $SPY #SP500

SP:SPX   S&P 500 Index
81 0 1
Coming to Overhead Resistance | 4xQuad.com | $SPX             $SPY #SP500

Markets are raging bullishly on the back of an "indefinite" qualifier in reference to bond purchase tapering. This has continued to propel the stock market throughout this closing year, however, 2014 is nearing at a different beat.

In addition to continued tepid real unemployment levels, increased mortgage rates and decreased velocity of money, now comes into play disguised tax law changes that will weigh across all income earners.

Therefore, increased deflationary concerns should start stirring need discussion topics across news channel, as market participants might have to make real choices at home as employers, consumers and investors.

On a pure technical basis, the chart included herein is also offering a visual context to a real and probable reason for concerns.

4xQuad remains NEUTRAL at this point, on the basis of technical events perceived ahead.

David Alcindor | 4xQuad.com
David Alcindor, CMT Affiliate #227974
Alias: 4xForecaster (Twitter, LinkedIn, StockTwits)

Signal Service or Private Course - Contact: MarketPredictiveAnalysis@gmail.com
All updates on https://twitter.com/4xForecaster
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out