S&P 500 Takes a Turn for the Worse

Since the morning, the wedge has actually been broken ONCE AGAIN and a close below the bottom YELLOW line will bring this market down further.

The base of the wedge is at the moment at about 117.33.

See the PRIOR post (look to the right) too for further details.

S&P 500 Takes a Turn for the Worse: Breaking the Rising Bearish Wedge to the Downside

Standard Disclaimer: Remember, it’s your money and your decision as to how to invest it.

NOTE: I give REAL TIME TARGETS during the day many times, and if you subscribe to this BLOG, you will get Email announcements of each post. That way YOU will miss nothing.

You can review the downside targets for various indices here:Market Timing Blog at SunAndStormInvesting.com

Click here to get my “Tips” for FREE

 

Standard Disclaimer: Remember, it’s your money and your decision as to how to invest it.

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One Response to S&P 500 Takes a Turn for the Worse

  1. SunAndStorm says:

    Someone pointed out in a somewhat unfriendly way that the post was not “below” as I had said, but to the right. On my website, the prior posts are “below” and here they are shown by links to the right. Bear with me a bit as I get used to the varying formats.

    Moral: If you don’t see what you want to see, please just let me know in a nice way and I’ll be happy to fix it. I am a professional and I would expect you would want to act like one too. I’ve learned that harshness and impatience do not pay in life. Communication is much more effective.

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