Market Breadth Data******************************

Saturday, December 17, 2016

$SPY Seasonal Pattern

The SP500 continues following the seasonal pattern, and after the sideways/down phase projected for the past week, is entering one of the most consistently bullish weeks of the year. Therefore, the expectation is for a sideways/up phase to follow:

























Resistance at 2280, closest support level at 2145.
at

Terms of Use

All rights reserved by the author. The material contained herein is original content and is the sole property of the author. Any commercial use or reproduction - either in part or whole - is strictly forbidden without the author's prior consent.

Disclaimer: The information provided here is for educational purposes only and does not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author. Before acting on any of the ideas expressed, the reader should seek professional advice to determine the suitability in view of his or her personal circumstances.