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Stocks: No Clear Short-Term Direction - Topping Pattern?

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 28, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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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: Intraday outlook (next 24 hours): neutral Short-term outlook (next 1-2 weeks): neutral Medium-term outlook (next 1-3 months): bearish Long-term outlook (next year): bullish The main U.S. stock market indexes lost 0.1-0.3% on Thursday, retracing some of their recent move up, as investors took short-term profits off the table. The S&P 500 index extends

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