S&P Bulls Should be Concerned!
S&P Bulls Should be Concerned!
Many stocks are trading below their 200 Day Moving Average
David Keller CMT from StockCharts.com joins Blake Morrow from Traders Summit today to talk how he sees the broad market moving forward. He was spot on with his call at the end of last year with the SPX and most markets hitting highs, but how does he feel now?
David digs into the SPX once again, but shows some indicators that suggest we may be in a “sell rallies” market rather than a “buy dips” market for now.
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