By John Pisanchik
This past week was a choppy week, and when all was said and done, no new progress was achieved to the upside or downside in the S&P Cash Index. It closed at 1079.60. The resistance at the 1100 level is very strong and has held in now for a few weeks. The market should remain choppy for the near future and caution should be taken if the 1100 continues to be a stop to the upside. The longer it holds in, the more dangerous the market gets. Happy Trading.



Filed under: Market Opinions

Like this post? Subscribe to my RSS feed and get loads more!