There’s no doubt about it. The broken trendline in the S&P 500, dating back a full ten months, is the crucial dividing line for the markets. It held fast all day on Friday, in spite of multiple attempts to bust it.
Image Source: Unsplash
There’s no doubt about it. The broken trendline in the S&P 500, dating back a full ten months, is the crucial dividing line for the markets. It held fast all day on Friday, in spite of multiple attempts to bust it.
The longer view:
More By This Author:
Buy Precious. Short Stocks.
Discover OUNZ: The ETF That Lets You Own And Receive Physical Gold
Key Index Gaps
I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit for the gains – – you may or may not make from reading this forum. Whether you lose your life savings or make a fortune is entirely up to you and your own skills/luck/fate.
Comments
Log in or sign up to join the conversation.