Monthly Archives: May 2013

S&P Update

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S&P hit 1687 on May 22nd, pulled back and closed at 1649.60 on Friday May 24th. In my post dated May 19th I had mentioned that S&P will travel 20 points from the close of May 17th (1667.47) and will…

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S&P Update

By | Market Analysis | No Comments

Last week S&P hit the target of 1628 and closed at 1633.70 It is now expected that S&P will go through consolidation period. Since S&P is way overbought so any significant pullback towards 1610-1605 or 1590 will not be a…

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