Another disappointing week for the Bulls, there were some signals that maybe
this week the Market could rally, but nothing happened. The powerful decline
also stopped, at least temporarily, but there are some
The S&P 500 rallied the last two days and I'm still not convinced that this time
it will be different. I have stated in several of my previous articles
A week ago, I was warning about this scenario where the Correction could resume
its decline (link below). There is still a chance that we get a rally since
there is a lot
All week I have been posting articles about the Market weakness, this Friday the
selling pressure increased and now the S&P is testing a support that will be key
to determine
Supports and resistances are great tools that allow us to study the price action
in depth. The S&P rallied from Jan/28 until Feb/02, that's four Market sessions