Waiting for New Signals

The S&P 1440 top made last week remains the big event. At the moment the quick selloff into the 1370 area probably means that there will be a bounce to the 1395 area.  If there are going to be any surprises for the market, the move to lower oil and gold prices will the catalyst for a retest of the S&P top.

Leave a Reply

Your email address will not be published. Required fields are marked *

one × 5 =