By John Pisanchik

Today the market broke below the 1000 level in the S&P Cash Index. This is very important and is pointing to a correction, possibly to the 925 to 945 range. Tomorrow will be important in terms of momentum and follow through to define speed of the correction. The index closed at 979.73, near it’s low for the day. The overnight trading in Asia and Europe will give a flavor for what will be in store for tomorrow. Happy Trading.



Filed under: Market Opinions

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