Thursday, August 15, 2013

Do Not Count The Bull Out Yet

S&P - 500 Weekly (Neutral)
  • S&P-500 still in a Bullish Fork
  • A break below support at 1575 would be Bearish
  • A Major break below 1550 would BREAK the Bullish Fork
  • Do not fight the Fed
  • Will the Fed really taper??