The Moment of Truth on the S&P500!

What happens in the Markets over the next few weeks will be determined by how the S&P handles the current re-test of the lows that we saw from two weeks ago. If the price starts to work higher after today’s early weakness, then we might have a successful re-test in place that would support higher prices over the next week or two, perhaps longer. If support at the recent lows does not hold, then we’re in a Weekly downtrend which will lead to another deep Monthly Correction similar to the past two summers.


About the Author Brian Keith


Join Over 84,750 Traders Receiving Our FREE Daily Trading Videos