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Support Test Imminent

The market break felt significant, and a 13 week cycle down phase has been signaled, but neither the Dow nor the S&P broke key support levels. Here’s what needs to happen for the bears to take over, or for the bulls to stay in charge.

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S&P 500 Chart

See the full sized chart with a complete explanation and analysis and get daily updates on the 4 week, 6-7 week, 13 week, and 6 month cycle projections in the Wall Street Examiner Professional Edition Daily Market Update. Don’t be in the dark! Get multiple time frame cyclical, regression channel, and equal width channel support and resistance chart updates daily in the Wall Street Examiner Professional Edition Daily Market Update.









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