what’s coming next

It looks like we are waiting for the january consolidation and 'coiling' to show its hand.
Its quite possible that this will manifest itself in another directional move upwards, perhaps leading to an April high. But the question is do we need a drop first.

Chart of S&P500 for 10 February 2015

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *