Technical Weakness ... Is this it ?

in #money8 years ago

S&P.png

We know Fundamentals are weak and now the Technicals are beginning to show weakness. Highlighted previously the divergence in the dow ... below we see divergence in S&P 500. After yesterday's price action, it's showing a reversal pattern. By Friday if it breaks under 2418 we could expect a steep correction on the way next week unless the elites try and talk up the market and step in and push it up. Otherwise, yesterday's high should hold and the start of the steep correction begins.

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