Saturday, July 9, 2016

Weekly outlook July 11, 2016

I suggested an attempt at ATHs may be in the cards last week.  SPX gave it a try (above close high, but pulled back to below that level at the close Friday).  So the SPX is near its ATH at Friday's close.  Unless we get adverse news Monday should show new ATHs.

With several cycles turned up (and early last week set a bottom?) I believe the week will be an up week.


GL traders

10 comments:

  1. Do you have a duality suscription site

    ReplyDelete
    Replies
    1. This one site, no subscription site....

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    2. hello can you tell me at what price do you think SP500 arrivals this week?

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    3. IN FACEBOOK UNDER THAT NAME YOU FIND OR IF YOU ARE IN LINKEDIN?

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    4. "elisabetta alborghetti" Since there were multiple Facebook entries for that name I sent the friend request to the person with fineco as place of work... I am not on LINKEDIN as I have no interest in employment (it is not like I want/need the money)

      Delete
  2. Hmm, Late Oct/early Nov market crash/plunge could mean Mr. President Trump!

    ReplyDelete