Oct 06

Will Buyers Re-Enter Before the Close?

With about 3 hours remaining in this week's session, let's take a look at the big picture of the SPX to make certain we are aware of how much weakness is necessary to do any damage at all to the powerful upleg of the June-July lows into this week's high. See more in the chart below.

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Chart

Mike Paulenoff is author of www.MPTrader.com, a real-time diary of his technical analysis & trade alerts on ETFs for precious metals, energy, currencies, and an array of equity indices and sectors, including international markets, plus key ETF component stocks in sectors like technology, mining, and banking. Sign up for a Free 15-day Trial!