Saturday, January 09, 2016

With the S&P 500 below its 20, 50, and 200 day moving average: look for a test of 1860 in the next 30 trading session.

With the S&P 500 below its 20, 50, and 200 day moving average: look for a test of 1860 in the next 30 trading sessions. Before the test of 1860, don't be surprised if the S&P 500 rallies in the next 15 trading sessions to 1993 to 2015 before heading down to test 1860.