Bearish cloud cover on the S&P 500. Take a look at what has happened in the past with this. Very possible we move higher tomorrow, but I am guessing we go below 1000 in the next 4 days.
im looking at 1060 on the s&p as the next support, any breakdown below that (with heavy volume) should bring it down to 1025. now this is where the fun starts, breakdown below 1025, S&P 950 here we come.
i have a feeling we won't see these lows until september (after labour day)that's when the big boys come back from vacation and the volume always goes through the roof.