Jul 25

Damage Minimal in S&P 500

Although the SPX has reversed off of its recovery high by about 10 points, the view from our near-term point and figure chart perspective shows that the damage or give-back has been minimal so far.

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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!