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S&P 500 Above 1,900 Mark Again, New Uptrend or Just a Bounce?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 25, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Briefly: In our opinion, no speculative positions are justified. Our intraday outlook is neutral, and our short‐term outlook is neutral. Our mediumterm outlook remains bearish, as the S&P 500 index extends its lower highs, lower lows sequence. However, we decided to change our long‐term outlook to neutral recently, following recent move down below medium‐term lows: Intraday outlook (next 24 hours): neutral Short‐term outlook (next 1‐2 weeks): neutral Medium‐term outlook (next 1‐3 months):

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