Tag Archive for: Market Commentary

Market Turning Points And Trading

In a recent premium report, I reviewed interesting Market turning points that are showing up across various sectors.  I'd like to share some of that with you now.  Please note that most of this information was released in the weekend report of May 21st or within previous reports.

S&P 500 - SPX -  We see a mild pullback in the General Markets after a strong rally.  Not even a 38.2% retrace yet.  Many advisors were becoming very bearish and pointing to a possible H&S pattern, with a big drop to come. I see that H&S pattern, but they often fail, as I was more focused on a few other areas that indicated the markets were going to break out higher, not lower.