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A Retest of The Tepper Low Ahead?


Tuesday May 20th, 2014
A Retest of The Tepper Low Ahead?
by Mike Paulenoff www.MPTrader.com

After three hours of trading, the e-SPM continues to back away from its most recent attempt to hurdle an important near-term resistance level at 1882/83, and is heading towards a test of the series of higher-lows off of last Thursday, May 15, Tepper Mini-Panic Low at 1859.50.

This bout of weakness needs to hold 1865.75/50 to avert additional weakness that should fully test The Tepper Low at 1859.

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