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S&P 500, no important top...yet

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    S&P 500 (cash) near term outlook: In the March 10th email, once again said there was no confirmation of even a short term top "pattern-wise" and the market has indeed continued higher, up from that Feb 11th low at 1810, and still within that very long discussed, extended period of wide ranging from last May (see longer term below). With no confirmation of a top and still positive technicals (see buy mode on the daily macd) there is scope for further upside. However, the market is no doubt

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