Yesterday the S&P broke the head & shoulders support around 1260, indicating more selling ahead.
The next level of support is around 1175 and if that one doesn't hold we could go as low as 1060
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- Tom Heine
- When I started trading back in 1998, fundamentals were important as well as P/E ratios, when making my trading decisions, they still are for long term investments, but after reading countless books about stock trading, investing, technical analysis and subscribing to every known stock trading site there is around and by trial and error, I evolved into a technical trader. I started this blog to share my opinions on trading the SP-500
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