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S&P 500: Massive, long-term support zone under threat

Discussion in 'Technical Analysis' started by FXStreet_Team, Feb 10, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    At the beginning of last week, we provided a “check-up” midway through the Q4 earnings season for the S&P 500, concluding that the four biggest themes were “falling earnings and sales, weak performance out of the energy sector, continued improvement in margins, and the dramatic impact of the US Dollar.” We’ll provide a full summary of the reports when earnings season is winding down, but once again, it looks like large US companies will see a decline in aggregate earnings and revenues. At

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