Monday, September 15, 2014

 

The market needs to go down this week

As I was saying last week, the market is in a do or die moment.  It must show weakness this week or it will prove that the bull will continue for an indefinite period of time. 

The important level to hold is 1904 in the S&P500.  But moving above 2000 from here (1981 as I type) would blow up the bearish scenario. 

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