Our analysis of the S&P 500 (SPX) is for stocks to continue with some minor upside before the declining phase of the current market cycle begins. Our minor support zone is between 2860-2880. Yet once we hit late September, we see the potential for much higher risk, which should last through the end of the year.
This Week In Stocks - Saturday, Sept. 15
Our analysis of the S&P 500 is to continue with minor upside before the declining phase of the current market cycle begins. Yet once we hit late September, we see the potential for much higher risk, which should last through the end of the year.
Disclaimer:
So many commentators talk about a stock market crash, bust or boom just to make it exciting. Slim looks at things very differently, applying his unique cycle analysis to nearly 400 widely held stocks, futures and ETFs. Watch Slim's very popular short-term view of the markets every week. And, contrary to most analysts, he holds himself accountable to his analysis each week. Also, there are interviews of coaches, traders and other market pros, along with an occasional political rant. Slim is still an active trader in index futures, gold, silver, bonds, oil, dollar, euro, stocks and options. He is also a trader coach and hedge fund consultant.
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