Posts Tagged by profit button

The following is the outlook for the S&P 500 heading into next week, March 1-5. The way the market is right now is what I talk about in this weeks newsletter (sign up along the right hand side…it’s free).  Movements have been somewhat erratic, unless a trader is very skilled they can easily get whipsawed…

Strong shortened trading week we saw, as the S&P 500 managed to break above the 1104 level and closed out the week above it at  about 1109.   1104 was the price point I mentioned in previous posts as being a pivotal point for the market.  Exceeding that point puts the market in a “no man’s…