Here’s the chart that I think warrants the most consideration today and pretty much sums of the current state of market affairs. Should the bulls hold it, they have a slight heart beat, but if they break below, it probably gets ugly in the months ahead and we are opening right at that level. 

Here’s the SPX chart:

SP 500 Market Analysis 1-15-15

    You are unauthorized to view this page.

You Might Like

  • Stop Trying to Hit Home Runs: Start Trading Within Your Means

  • How to Trade Breakouts Without Getting Trapped

  • Managing Headline Risk: How to Survive the News Cycle Without Losing Your Mind