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Crash Potential Still Not Mitigated – WSE Pro

The stock market gave ground on Friday a little more grudgingly than it has lately. That reportedly had a number of market pundits calling for a bottom. Obviously the longer this goes on, the closer the market comes to a bottom of sorts, but from my vantage point, the risk of a crash hasn’t yet been mitigated. In that regard the 1310-1320 area on the SPX looks critical. By the several methods which I use to estimate trend support and resistance, there are big air pockets below that area. Click here to download complete report in pdf format (Professional Edition Subscribers). Try the Professional Edition risk free for thirty days. If, within that time you don’t find the information useful, I will give you a full refund. It’s that simple. Click here for more information.

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