Thursday, November 5, 2009

S&P 500 Video

In our last video on the S&P 500 (10/27), we indicated that this market may have topped out for the year. Today's action puts in place a weekly "Trade Triangle" which indicates that a temporary or a permanent top is now in place for this market.

In this latest video, I share with you some of the ideas that I think could potentially come into play for this market. Not only do I have some downside targets in mind, but I also see a pattern that could evolve in the next several weeks which will confirm that we've made a serious high in this market.
click here to watch



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