Our analysis of the S&P 500 over the coming two weeks is for the stock market to face a period of risk, as shown on the chart above taken from the askSlim Stock Index Report. We see a possible move higher early next week, with resistance at 2744. We are then looking for a downside move of 125-150 points over the coming two weeks. There is further risk in the subsequent market cycle. The reason that we see this period of risk approaching is our projection for the conclusion of a longer-term market cycle.
This Week In Stocks - May 27
Our analysis of the S&P 500 for the next two weeks is for a period of risk. We see a possible move higher early next week, with resistance at 2744. We are then looking for a downside move of 125-150 points over the next two weeks.
Disclaimer:
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