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S&P 500 Fell 15% Below Last Year's All Time High - Correction or New Bear Market?

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 21, 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 now neutral, and our short-term outlook is neutral. Our medium-term 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, 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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