Friday, July 13, 2012

Markets Need To Make A Stand Soon

The CCM Composite Market Model hit a recent high of 63 on July 3. As of Tuesday’s close, it has pulled back to 50, which is starting to become concerning.
The S&P 500 closed Tuesday near several forms of possible support, defined by the intersection of trendlines A, B, C, and D below.


The markets are [...]

Source: http://ciovaccocapital.com/wordpress/index.php/stock-market-us/markets-need-to-make-a-stand-soon/

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