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S&P 500, covered short from July, time to resell?

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 9, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    S&P 500 (cash) near term outlook: In the Oct 1st email and the market bouncing from the Sept 29th low at 1872, said there was scope for more wide ranging in the larger period of consolidating from the Aug 25th low. The market has indeed rallied sharply since, still seen part of this larger correction (wave 4 in the decline from the May high at 2135), and with a resumption of the declines below that 1867 low after (within wave 5). Though there is still no confirmation of even a shorter term

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